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International Law

: China Briefing Blog

China to use Forex Funds to Boost Domestic Market

By China Briefing

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Feb. 19 - The Chinese government said it will use its foreign exchange reserves to lift sagging imports and domestic demand. During a press conference, Fang Shangpu, deputy director of the State Administration of Foreign Exchange (SAFE) told China Daily that the administration would allow more measures to support Chinese firms wanting to expand overseas. The government [...]

Full post as published by China Briefing Blog on February 19, 2009 (boomark / email).

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