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What Chinese laws and regulations should be abided by, regarding foreign exchange trading? 
Time:2010-04-24

 

Huai’an China http://www.huaian.gov.cn

As stipulated in the Regulations on Foreign Exchange Control of the People’s Republic of China, foreign exchange trading must comply with the principle of being open, fair, impartial, and honest.

Banks designated to handle foreign exchange and other financial institutions designated to handle foreign exchange businesses shall fix the prices of the foreign exchange traded between their clients and handle foreign exchange transactions according to the exchange rates published by the People's Bank of China and the floating range specified accordingly.