China's foreign exchange reserves rose modestly in September for an eighth straight month, and by slightly more than markets had expected, as tighter regulations and a stronger yuan continued to discourage capital outflows. A dramatic slowdown in capital flight - which had been seen as one of the biggest risks to China - has helped boost confidence in the world's second-largest economy ahead of a key Communist Party meeting this month, at which President Xi Jinping is expected to consolidate his grip on power. Forex reserves rose $17 billion in September to $3.109 trillion, compared with an increase of $10.5 billion in August, central bank data showed on Monday.
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