China forex regulator calls for greater oversight of overseas entities, but avoid ‘US-style financial hegemony’

China forex regulator calls for greater oversight of overseas entities, but avoid ‘US-style financial hegemony’

South China Morning Post - China·2021-02-25 07:06

China’s foreign exchange regulator says the government should establish legislation to ‘moderately expand’ extraterritorial jurisdiction

But China ‘must avoid US-style financial unilateralism’, embrace multilateral cooperation and focus on Chinese firms overseas

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Read full article on South China Morning Post - China

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