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Chinese monetary authorities have vowed to safeguard financial stability, coordinate with multilateral mechanisms and keep the currency stable to offset global economic shocks, according to senior officials on Sunday.
Chinese home appliances giant Midea Group showcases its strengths in smart manufacturing to visitors. [Photo provided to China Daily]

Chinese financial assets, especially currency and government bond markets, emerged from the pandemic with "characteristics of a safe haven," said Nakhjavani, noting the relative stability of yuan, continuous rise of foreign demand for government bonds and more capital inflows into Chinese stock markets.
Chinese logistics giant COSCO Shipping, which acquired 51 percent of Spain's Noatum Port Holdings in a reported 8 million deal in November, is helping Spanish shipping grow with advanced know-how thanks to the vision of the Belt and Road Initiative.
Chinese monetary authorities, to some extent, have become more cautious in easing monetary stance to support economic growth recently, as the fast expansion of credit could raise the debt-to-GDP ratio, or the financial leverage, some researchers said.
来源:资阳报