Comments from Chinese President spoke on Tuesday, but his comments reported by Xinhua and relayed by the major wires overnight
- Called for increased efforts to ward off systemic risks
- To help maintain financial security
- "Financial security is an important part of national security and an important basis for the steady and healthy development of the economy"
- said risks are under control
These make sense given the renewed focus on deleveraging in the Chinese economy (see here for more)
China"s Pres. Xi remarks reported overnight - financial safety “strategically important”
China"s Pres. Xi remarks reported overnight - financial safety “strategically important”
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