Select Language

PBOC Governor Pan: There are no winners in trade wars and tariff wars

Breaking news

PBOC Governor Pan: There are no winners in trade wars and tariff wars

  • X
  • facebook
  • LINE
  • RSS

  • X
  • facebook
  • LINE
  • RSS
New update 2025.04.24 13:56
PBOC Governor Pan: There are no winners in trade wars and tariff wars

update 2025.04.24 13:56

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.

Date

Created

 : 2025.04.24

Update

Last updated

 : 2025.04.24

Related articles


Show more

FXStreet

Financial media

arrow
FXStreet

FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.

Was this article helpful?

We hope you find this article useful. Any comments or suggestions will be greatly appreciated.  
We are also looking for writers with extensive experience in forex and crypto to join us.

please contact us at [email protected].

Thank you for your feedback.
Thank you for your feedback.

Most viewed

AUD/JPY Price Forecast: Extends drop below 93.00 despite risk-on mood

The Australian Dollar (AUD) continues to lose ground versus the Japanese Yen (JPY) late on Thursday, depreciating over 0.15% amid a risk-on mood.
New
update2025.05.23 06:12

USD/JPY Price Forecast: Rebounds towards 144.00 after seven-day slide

The USD/JPY snapped seven straight days of losses and climbed over 0.20% on Thursday late during the North American session. The Yen's recent depreciation despite falling US Treasury yields and amid the lack of a catalyst could be attributed to traders booking profits ahead of the weekend.
New
update2025.05.23 05:16

Canadian officials nod to US tariff discussions at G7, hint that "excess capacity" may exist

Bank of Canada (BoC) Governor Tiff Macklem and Canadian Finance Minister François-Philippe Champagne gave dueling talking points on Thursday, reviewing their G7 experiences this week.
New
update2025.05.23 04:47

US Treasury yields ease after 30-year hits 19-month high on US deficit fears

US Treasury yields retreated on Thursday after the 30-year US bond yields reached their highest level in 19 months amid concerns regarding the increase of the US fiscal deficit, as Trump's "One Big Beautiful Bill" passes the US House of Representatives and is on its way to the Senate.
New
update2025.05.23 04:42

Dow Jones Industrial Average finds its footing as bond yields ease back

The Dow Jones Industrial Average (DJIA) bounced off a fresh bottom on Thursday, clawing its way out of the basement after a sharp tumble during the midweek trading window.
New
update2025.05.23 04:23

Forex Today: Japanese inflation data takes centre stage

The US Dollar (USD) managed to reverse part of its recent multi-day pullback on Thursday as investors assessed the stronger-than-expected US business activity readings and the US fiscal front, particularly after President Trump's sweeping tax bill cleared the House of Representatives.
New
update2025.05.23 04:19

US Dollar Index steadies near 100.00 as fiscal risks cap upside despite upbeat PMI data

The US Dollar index (DXY), which tracks the US Dollar (USD) against a basket of six major currencies, is trading cautiously around the 100.00 mark on Thursday after recovering from a two-week low and bouncing off key support at the 99.50 psychological level earlier in the day.
New
update2025.05.23 04:16

AUD/USD slips as strong US PMI data offsets fiscal jitters

The Australian Dollar (AUD) came under renewed pressure on Thursday as the US Dollar (USD) found its footing, with risk appetite fading and broader markets tilting defensively.
New
update2025.05.23 04:07

EUR/USD slides below 1.13 as strong US data undermines Eurozone PMIs

EUR/USD tumbled below 1.1300 on Thursday as economic data from the United States (US) fared better than expected compared to Eurozone Flash Purchasing Managers Index (PMI) figures for May. At the time of writing, EUR/USD trades at 1.1271, down by 0.55%.
New
update2025.05.23 03:52

EU Economic Commissioner Dombrovskis: G7 ministers discussed further EU energy sanctions on Russia

The Group of 7 (G7) finance leaders wrapped up its most recent summit on Thursday, with EU Economic Commissioner Valdis Dombrovskis characterizing the talks as "positive and successful," particularly in advancing support for Ukraine and addressing global economic imbalances.
New
update2025.05.23 03:26

Disclaimer:arw

All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.

The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.

  • Facebook
  • Twitter
  • LINE

Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy

I agree
share
Share
Cancel