PBOC Vows to Respond to US ‘Containment,’ Echoing Xi’s Call

Written by on March 15, 2023

The People’s Bank of China said it will respond in an appropriate way to US measures to contain China, echoing a call from President Xi Jinping to defend the economy against external threats. 

The central bank will “appropriately respond to the containment and suppression of the US and other Western countries,” it said in a statement released Wednesday following a meeting to study Xi’s speeches during the National People’s Congress session, which concluded Monday. 



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