SAFE

3.5 Trillion Dollar Investor: A Mystery Man

Former physicist and bond trader Zhu Changhong remains a mystery man to most, despite handling investment of “the world’s largest stash of cash,” China’s $3.5 trillion foreign reserves. From Lingling Wei...

Caijing: SAFE Spokesman Falls in Investment Probe

From Caijing.com.cn: No names were mentioned when the administrator of China’s State Administration of Foreign Exchange (SAFE), Hu Xiaolian, used an internal meeting in late March to call for further regulation of administrative...

Reading Tea Leaves: SAFE Speaks On China’s Reserves

The Wall Street Journal translates a portion of comments from the State Administration of Foreign Exchange. These comments, made by the organization’s deputy director, give some insight to China’s approaches to...

BP Stake Buyer Is ‘China’s Forex Administration’

From AFP: Energy giant British Petroleum has confirmed that the buyer of just under one percent of its shares is a Hong Kong branch of China’s State Administration of Foreign Exchange, state media said Wednesday. A BP...

Property policy to deter overseas speculators

From China Daily via Xinhua: The Chinese government continues to rein in overseas speculators in the country’s property market, as it is now requiring foreigners to get approval before they send funds out of the country that were earned from selling houses. According to a circular on management over foreign investment in China’s housing sector, […]

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