PBOC Governor Pan: There are no winners in trade wars and tariff wars
Source Fxstreet
People's Bank of China (PBOC) Governor Pan Gongsheng said on Thursday, “there are no winners in trade wars and tariff wars.”
Additional quotes
- Unilateralism and protectionism have no way out and are not in the interests of anyone.
- China will adhere to opening up.
- China firmly supports free trade rules and the multilateral trading system.
- China will promote inclusive economic globalization, maintain global economic and financial stability.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Once again, the price of Ethereum (ETH) has risen above $3,900. This bounce has hinted at a further price increase for the altcoin before the end of the year.
The dollar weakened, equities fell, and gold set new records on Wednesday as investors waited for a Fed rate cut later in the day.
Bitcoin network realizes $1.99 billion in losses, rivaling the 2022 Luna crash, though analysts view the $67,000 flush as a cyclical cleanse rather than a structural breakdown.
The USD/JPY pair attracts some buyers during the Asian session on Monday and climbs back above the 153.00 mark following the disappointing release of Japan's Q4 GDP report.
Gold (XAU/USD) attracts fresh sellers at the start of a new week and reverses a part of Friday's strong move up of over $150 from sub-$4,900 levels.
Related Instrument
