Last week, the State Administration of Foreign Exchange, widely known as SAFE, released the latest data on China’s international investment position. SAFE functions as a bureau with vice-ministerial rank under the Central Bank, the People's Bank of China (PBOC), and manages the country’s foreign reserves among other external assets.For the...
Last week, the State Administration of Foreign Exchange, widely known as SAFE, released the latest data on China’s international investment position. SAFE functions as a bureau with vice-ministerial rank under the Central Bank, the People's Bank of China (PBOC), and manages the country’s foreign reserves among other external assets.For the...