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View Full Version : China to Reduce Short-Term Overseas Borrowing Quota This Year - Bloomberg



NewsWhore
03-30-2011, 07:21 AM
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China to Reduce Short-Term Overseas Borrowing Quota This Year (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFa-eCflnIDdttM6T23z0WFggcJBw&url=http://www.bloomberg.com/news/2011-03-30/china-to-reduce-short-term-overseas-borrowing-quota-this-year.html)
Bloomberg
The currency regulator also reduced the net amount of yuan forward contracts some banks can sell to clients, according to the statement. â??The new rules will help curb capital inflows which seek to benefit from currency appreciation,â?? said Zhao Qingming ...

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