News

China's Communist Party’s Official: Will create environment for all types of firms to compete on equal footing

Reuters reports the latest comments from China's Communist Party’s (CCP) Economy Official, with the key headlines found below.

State firms must improve competitiveness in domestic and overseas markets.

China will create an environment for all types of firms to compete on equal footing.

Meanwhile, a senior Chinese Parliament official said that Beijing will not tolerate anything that challenges bottom line of one country two systems.

The comments have virtually no impact on the CNY trades but could be watched out for, especially after Thursday’s China Leadership meeting statement.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.