S. Korea to push for controls on excessive capital flows: official
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S. Korea to push for controls on excessive capital flows: official
SEOUL, Dec. 3 (Yonhap) -- South Korea will push ahead with a plan to control excessive capital flows in an effort to prevent them from roiling the local financial market, a senior presidential economic advisor said Friday.

In a meeting with reporters, Kang Man-soo said there is no significant change in the government's decision to better regulate cross-border capital flows, despite a rise in geopolitical risks following North Korea's shelling of an island in the Yellow Sea on Nov. 23.