Impact of Sino-U.S. trade row on China's cross-border capital flows under control -FX regulator

BEIJING, Oct 25 (Reuters) - The impact of China-U.S. tradefrictions on China's cross-border capital flows are largelyunder control, the foreign exchange regulator said on Thursday.

China will continue opening up its capital markets in anorderly manner and further ease requirements for capitaloutbound remittance for investors its under Qualified ForeignInstitutional Investor (QFII) and the Renminbi Qualified ForeignInstitutional Investor(RQFII) programmes, the regulator said onits website.

The comments came after official data showed that Chinesecommercial banks sold a net $17.6 billion of foreign exchange inSeptember, compared with a net sale of $14.9 billion in August.

(Reporting by Beijing Monitoring DeskEditing by Shri Navaratnam)

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