China Govt to state media - keep calm, don't inflame trade row with US - Reuters

Dhwani Mehta FXStreet

Reuters quotes sources within the Chinese state media, citing that the Chinese government has issued strict rules limiting the coverage on the US-China trade war.

The Govt is worried that unrestrained reporting could spark instability or roil its already jittery financial markets.

A memo based on a set of directives issued verbally by government officials read: “When exposing and criticizing American words and actions, be careful not to link it to Trump and instead to aim it at the U.S. government.”

The memo added media outlets must help “stabilize the economy, growth, employment, stabilize foreign trade, investment, finance, stabilize the stock market, the foreign exchange market, the housing market, and basically stabilize the peoples’ thinking, hearts and expectations”.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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