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China will fend off cross border capital flow risks - FX regulator

BEIJING, Feb 6 (Reuters) - China will promote capital account convertibility this year and pay attention to exchange rate risk management, the country's foreign exchange regulator said on Tuesday. The government will also fend off risks from cross-border capital flows while improving rules and regulations for management of foreign exchange, the State Administration of Foreign Exchange said on its website after concluding an annual work conference. (Reporting by Beijing Monitoring Desk; Editing by Jacqueline Wong)