No Possibility of Major Financial Crisis in China: Expert
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China Pictorial
Photographs by
Chen Ye
On March 26, Wu Xiaoqiu, Vice President with Renmin University of China and Director of the Financial and Securities Institute, Renmin University met the press at a sub forum of the Boao Forum for Asia (BFA).
No Possibility of Major Financial Crisis in China: Expert
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On March 26, Wu Xiaoqiu, Vice President with Renmin University of China and Director of the Financial and Securities Institute, Renmin University met the press at a sub forum of the Boao Forum for Asia (BFA).
He denied the possibility that a major financial crisis would happen in China. "When a country’s commercial banks run smoothly and its currency value can be expected, there would be no major financial crisis in the near future," he said.