China's State Council Committee on financial stability: To fend off "black swan" events

Dhwani Mehta FXStreet

Reuters reports key highlights from a statement issued by China's State Council Committee on financial stability, in light of any Black Swan events.

To fine-tune monetary policy in a pre-emptive way.

To step up policy support and coordination among departments, especially for coordination among financial, fiscal departments and state planner.

To fend off "black swan" events.

To ensure the stable and healthy development of stock, bond, fx markets.

To attach more importance to property, IP rights protection.

To maintain prudent and neutral monetary policy.

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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