The State Administration of Foreign Exchange (SAFE) said in its annual report released on Friday that it expects cross-border capital flows to stabilize this year.
It added that China's foreign exchange reserves are ample. China's economic development outlook remains sound and it will continue to attract foreign investment, especially long-term capital inflows, it said in the report. (Reporting by Beijing Monitoring Desk; Editing by Jacqueline Wong)China expects cross-border capital flows to stabilize in 2016: FX regulator
CHINA DAILY
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