Steps Need: Chinese and China

steps need: Donovan, UBS' chief economist, said in a report entitled Very Normal Inflation on Thursday that, Does it matter It matters if you are a Chinese pig, according to Global Times China. It matters if you like eating pork in China, which later UBS and analysts both claimed that it was only intended to describe why Chinese consumer prices rose and had nothing to do with insulting Chinese people. We confirm that we have asked Paul to take a leave of absence as we review this matter, to evaluate whether further steps need to be taken, the financial institution said in a statement sent to the Global Times late Friday night. The report sparked outrage among Chinese netizens and some economists on China's Weibo and Twitter. The association, supervised by the China Securities Regulatory Commission, represents 440 member institutions as of October 2018, according to its website. The Securities Association of China SAC has listed Donovan an unwelcome individual, and recommended member institutions not to invite him to any event, it said in a post published on its WeChat account on Friday. (news.financializer.com). As reported in the news.