China's capital markets under pressure from U.S. tariffs, regulator says
Shopping cart with Dollar and Yuan banknotes are seen in front of U.S. and Chinese flag displayed in this illustration taken January 30, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights , opens new tab
BEIJING, May 7 (Reuters) - The head of China's securities regulator said on Wednesday that U.S. tariff policy has brought great pressure to China's capital markets and will forcefully promote long-term capital into the stock market.
The attractiveness of Chinese assets is increasing amid global uncertainties, Wu Qing, chairman of China Securities Regulatory Commission, told a news briefing.
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China will help A-share listed companies affected by tariffs to cope with difficulties, said Wu.
Reporting by Beijing Newsroom; Editing by Christian Schmollinger
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