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China securities regulator says trade war impact on markets is controllable

Published 06/02/2019, 07:35 AM
Updated 06/02/2019, 07:40 AM
© Reuters. Yi Huiman, chairman of China Securities Regulatory Commission, attends a meeting of Fujian delegation on the sidelines of the National People's Congress (NPC), at the Great Hall of the People in Beijing

SHANGHAI (Reuters) - The Sino-U.S. trade war is affecting capital markets but the impact is controllable, China's chief securities regulator said on Sunday in an interview with state-run China Central Television.

Yi Huiman, chairman of the China Securities Regulatory Commission (CSRC), said that China's capital markets are becoming more resilient and able to cope with risks, and that China has enough policy tools to stabilize its capital markets.

© Reuters. Yi Huiman, chairman of China Securities Regulatory Commission, attends a meeting of Fujian delegation on the sidelines of the National People's Congress (NPC), at the Great Hall of the People in Beijing

Yi said the CSRC will gradually expand the opening of China's exchange-traded bond market, and futures market to foreign participation.

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