Kevin Paul Bailey

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What is CBRC regulation in China?

The China Banking Regulatory Commission (CBRC) oversees financial institutions in China, including forex activities. However, China has strict restrictions on retail forex trading, and most international brokers are not allowed to directly serve Chinese residents. Instead, Chinese traders often use offshore platforms, which can be risky. The CBRC focuses primarily on banks and domestic financial institutions rather than global brokers. For safety, Chinese traders are encouraged to use brokers regulated in Tier-1 jurisdictions outside of China.