China will protect the yuan and financial stability, central bank governor Yi Gang said at a financial forum on Tuesday.
Yi’s remarks after the global banking crisis were cited in a statement posted on the People’s Bank of China website.
China has taken a number of measures to reduce financial risks and protect itself from systemic financial risks, Yi said.
“If financial risks arise, they will harm the interests of the general public and may even cause social problems,” Yi said.
Source: Terra
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