Bloomberg with the headline
This is a fresh headline from Bloomberg, but note there has been talk of this for a long time from China: China's Record Capital Outflows Put Tobin Tax Back on the Agenda
More from Bloomberg:
Bloomberg citing "people with knowledge of the matter"
A tax on FX trading in China would run counter to PBOC promises to internationalise the market in yuan
Imposing a tax on foreign-exchange trading would be the most extreme step yet by policy makers to prevent speculative bets against the Chinese currency, after state-run banks repeatedly intervened to support the yuan and the government intensified a crackdown on capital outflows. A Tobin tax would complicate plans by China to create an international reserve currency and could undermine the leadership's pledge to increase the role of market forces in the world's second-largest economy.
ADDED - Bloomberg now have the story up on the web: LINK
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A Tobin Tax would put a tax on short-term transactions, specifically in spot FX