China’s SAFE: Forex market stable in Q1, cross border flows more balanced

China’s forex market stable in Q1, cross border flows more balanced.

Will deepen forex reform, steadily pushing forward with high level opening up of capital account.

Will fend off risks from external market shocks.

Will maintain prudent operations of forex market and financial safety.

Market expectations remains stable and trading is reasonable.

Foreign investors increase holdings of onshore bonds in March.

more to come ...