China to promote prudent trials of cross-border private equity fund investment -FX regulator

FILE PHOTO: A China yuan note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration/File Photo
BEIJING : China will strengthen monitoring and analysing cross-border capital flows and risk prevention, the country's foreign exchange regulator said on Monday.
China will prudently promote trials of cross-border private equity fund investment, the State Administration of Foreign Exchange (SAFE) said on its website.