Chinese Central Bank to take steps in response to West’s pressure, restrictive measures
According to the statement of the Central Bank, the Chinese authorities will strive to minimize risks, actively ensure the stability of the national financial system
BEIJING, March 15. /TASS/. The People's Bank of China (CB) will take measures to resolve the situation in response to the restrictive measures of the United States and several other Western countries, the country's financial regulator said in a statement published on its website on Wednesday.
"We need to better take into account adverse factors, act more decisively, address problems in response to containment measures, as well as pressure from the United States and Western countries," it says.
According to the statement of the Central Bank, the Chinese authorities will strive to minimize risks, actively ensure the stability of the national financial system. In addition, close attention, as noted, will be paid to the sustainable development of the real estate market in China.