China, No Restrictions on Foreign Firms Cross Border Transfers

China, No Restrictions on Foreign Firms Cross Border Transfers

China, No Restrictions on Foreign Firms Cross Border Transfers $USDCNY China’s foreign exchange authority (SAFE) said last Friday that there are no restrictions on foreign firms’ cross-border profit transfers, responding to market concerns about tightened regulation over capital outflows. As China has realized convertibility under the current account, real international payments and transfers are not […]

US Transfers 15 Guantanamo Bay Prisoners to the UAE

US Transfers 15 Guantanamo Bay Prisoners to the UAE

US Transfers 15 Guantanamo Bay Prisoners to the UAE The move marks the largest single transfer of Guantanamo detainees under the Obama Administration The United States has transferred 15 inmates from the Guantanamo Bay prison in Cuba to the UAE, officials revealed Monday. The move marks the largest single transfer of Guantanamo detainees during President […]