PBOC's Guo says domestic economic risk remains, but controllable

Comments by PBOC deputy governor Guo Shuqing

  • China to decide pace of opening up of its economy
  • China opening up is unrelated to the US
  • Says he works well with PBOC governor Yi Gang

Guo was appointed as PBOC deputy governor earlier in March, as president Xi looks to further clean up risks associated with the financial system.

Mainly reiterating the same rhetoric that China is doing things on their own terms and not under pressure from the US. The most recent development in this space is that China has decided to open up its iron ore futures market to international players.

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