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Title:
SAFE Tightens up on Trade-related Foreign Exchange Inflow
Author:
Finance Practice Group
Contact Information:
chinalaw@bakernet.com
Publication Date:
August
2008
Publication Type:
Newsletter/Alert
Practice/Industry:
Banking & Finance
Region:
Asia Pacific
Office:
Hong Kong/China
Description:
Effective from 14 July 2008, the State Administration of Foreign Exchange ("SAFE"), China's central authority for the control of foreign exchange ("Forex"), implemented several new rules on the management of foreign exchange in relation to the cross-border trading in goods. The alert outlines the major impacts of these new notices on SAFE.
Price and Currency:
Complimentary
Publication/Link
:
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