China can cope with various financial risks

By Xinhua News Agency

Dec 06, 2023 12:21 am

BEIJING: China is confident, well-positioned and capable of coping with various financial risks and challenges, thanks to its sound long-term fundamentals providing a solid foundation, noted Li Yunze, head of the National Financial Regulatory Administration.

The strong resilience, huge potential, robust vitality and sound fundamentals of the country's economy remain unchanged, providing the greatest confidence, guarantee and backstop for preventing and defusing financial risks, Li told Xinhua in an exclusive interview.

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