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[时事] 国际英语资讯:China toughens rules on overseas cash withdrawals

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BEIJING, Dec. 30-- China's foreign exchange regulator on Saturday toughened the rules on overseas cash withdrawals from personal bank cards to curb money laundering, terrorist financing and tax evasion.

The State Administration of Foreign Exchange (SAFE) said in a circular that the total amount of overseas cash withdrawals from all domestic bank cards owned by one person will be capped at 100,000 yuan (about 15,300 U.S. dollars) per person each year.

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