China’s central bank vows to resolutely safeguard capital market stability
Source Xinhua, Dawn, Arab News, Anadolu and Minute Mirror
China’s central bank on Tuesday vowed to resolutely safeguard the stable operation of the country’s capital market.
The People’s Bank of China firmly supports the Central Huijin Investment Ltd. (Central Huijin) to increase its holding of stock index funds, and will provide sufficient re-lending support to the company when necessary, the central bank said in a statement.
Central Huijin, a Chinese state-owned investment company, said Monday that it had once again increased its holdings of exchange-traded funds and would continue to do so in the future to “resolutely safeguard” the stable operation of the capital market.
Reference Link:- https://english.news.cn/20250408/5bc65916af1643e78ecf2c7ba35f3065/c.html
Zamir Ahmed Awan is the founder and Chair of the Global Silk Route Research Alliance, a think tank in Islamabad. He studied engineering at Shanghai University in the 1980s, and years later he went back to China as Pakistan's science counsellor in Beijing, from 2010 until 2016, working on science and higher education cooperation between the two countries.…
