China Will Step up Foreign Exchange Market Monitoring in 2022: Regulator

Chinese Yuan bank notes are seen at a vendor's cashbox, at a market in Beijing, China, on April 10, 2013. (Kim Kyung-Hoon/Reuters)

Hong Kong—China will strengthen foreign exchange market monitoring and step up risk prevention and control in 2022, the country’s FX regulator said in a statement on Monday.

In 2022, China will also promote cross-border investment of private equity investment funds, the State Administration of Foreign Exchange said in the statement.

By Meg Shen