China's new rule on yuan transfers not a capital control measure: Xinhua
![Banks and other financial institutions in China will have to report all domestic and overseas cash transactions larger ...](/web/20170103151900im_/http://www.watoday.com.au/content/dam/images/g/t/k/o/u/w/image.related.landscape.120x80.gtku98.png/1483335228664.jpg)
China's new rules on cash transactions and overseas transfers of yuan currency are not forms of capital controls, the state news agency Xinhua said, citing a central bank economist.