China's SAFE Says It Will Strengthen Countercyclical Adjustments If Necessary
2026-07-17 02:57:51
China's State Administration of Foreign Exchange said it will keep combining trade facilitation and risk prevention, while firmly safeguarding the security bottom line under opening-up conditions. According to Jin10, SAFE Deputy Director Li Bin said at a State Council Information Office news conference that the agency will continue improving its dual-track management framework of macroprudential policy plus micro-supervision, strengthen countercyclical adjustments and expectation guidance when necessary, maintain the stable operation of the foreign exchange market, and prevent systemic risks.
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