July 7, 2019 / 1:45 AM / 5 months ago

China will further open up forex market: regulator

A China yuan note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration

BEIJING (Reuters) - China will fend off cross-border capital flow risks and continue to open up its foreign exchange market, the forex regulator said on Sunday.

The regulator will deepen forex reform and strengthen a crackdown on forex-related irregularities, the State Administration of Foreign Exchange said in a statement on its website.

Reporting by Min Zhang and Se Young Lee; Editing by Paul Tait

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