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China securities regulator says trade war’s impact on markets is controllable

The China-US trade war is affecting capital markets but the impact is controllable, said Yi Huiman, chairman of the China Securities Regulatory Commission (CSRC), reported Reuters.
Yi said that China’s capital markets are becoming more resilient and able to cope with risks, and that China has enough policy tools in place to stabilize its capital markets.
Yi added that the CSRC will gradually expand the opening of China’s exchange-traded bond market and futures market to foreign participation.

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