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"China's financial system remains stable and the surge in macro leverage has been curbed," said Peng Lifeng, deputy head of the Financial Market Department of the People's Bank of China, the central bank.
"China represents one of the largest opportunities in the world for many of our clients and for JPMorgan Chase," said Daniel Pinto, co-president & co-chief operating officer of JPMorgan Chase and CEO of the Corporate & Investment Bank. "It is a critical component of our growth plans, both globally and in Asia-Pacific. Our scale and global capabilities give us a unique ability to help Chinese companies grow internationally and also bring foreign investment and capital to China."
"Chinese scientists, doctors, medical workers, as well as central government and local authorities managed to take control of the coronavirus as much as possible within three months. Thus we all think if the world is able to do what China did, and takes the problem and its international obligations very seriously, the pandemic may be eased soon."
"China's export performance is indeed a proof of its solid status as the world's factory," Bloomberg quoted Yao Wei, China economist at Societe Generale SA, as saying. "It is reliable, as the quick and effective containment of the outbreak in China allowed its manufacturing sector to resume operations way ahead of others."
"China's economy is increasingly driven by domestic demand, so it is important that consumer spending has continued to bounce back," Rothman said, adding the improvement in consumer spending and sentiment has come in advance of a full recovery in income, suggesting a fairly high degree of confidence in the future.