Wednesday, March 05, 2025 | 04:18 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

China's Xi says to fend off financial risks in 2017 - Xinhua

Image

Reuters BEIJING

BEIJING (Reuters) - Chinese President Xi Jinping said China will fend off financial risks and strengthen macroprudential supervision in 2017, according to remarks carried out by state news agency Xinhua on Tuesday.

China will actively discuss the means of tackling its debt issues to fend off moral hazards in 2017, Xi said at an economic work meeting.

China will also keep its property market stable and establish a long-term mechanism to promote the healthy development of the market.

(Reporting by Yawen Chen and Elias Glenn; Editing by Randy)

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 28 2017 | 4:24 PM IST

Explore News