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China To Crack Down Harder On ‘Hot Money’: Govt

From AFP: China will launch a forex monitoring system to scrutinise checks on the authenticity of export transactions, the government said, in its latest move to crack down on speculative capital inflows. Exporters must have...

The Standard: 22b yuan fuels Shanghai boom

From The Standard: More than 22 billion yuan (HK$20.68 billion) in “hot money” from overseas entered Shanghai’s property market last year, Xinhua News Agency said, citing a People’s Bank of China report....

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