China's SAFE says FX reserves will remain stable overall

Comments by China's State Administration of Foreign Exchange

  • Cross-border capital flows to remain stable overall
  • Fluctuation of yuan has increased significantly
  • Global trade frictions have intensified since start of 2018
  • Uncertainty in international financial markets have been rising

The usual comments following the release of the FX reserves data. Some notes about trade and rising uncertainty, but nothing substantial.

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