war: His comments show the government's attitude toward pressure from the trade war on the financial sector, according to Global Times China. The government won't use policy tools in the markets to offset the influence of the trade war, because the impact is not strong enough to damage China's self-stabilization system, said Dong Dengxin, director of the Finance and Securities Institute at the Wuhan University of Science and Technology. Photo VCG China Banking and Insurance Regulatory Commission CBIRC Chairman Guo Shuqing has stressed twice in interviews in the past three days that Chinese people have not panicked when domestic financial markets are burdened with pressure from the China-US trade war. The comments will help to reassure investors and further stabilize the financial markets, he told the Global Times on Tuesday. I believe the impact of the trade war on domestic financial markets will diminish further, he said in the interview. In an interview with China Central Television on Monday, Guo said that China's financial markets, including those for stocks, bonds and currencies, have been relatively stable so far this year.
(news.financializer.com). As
reported in the news.
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