The Ministry of Foreign Affairs of China said on Thursday (March 23) that the closure of the US Silicon Valley Bank was by no means a business in the United States. "We hope the United States will enhance transparency."
According to China CCTV, Chinese Ministry of Foreign Affairs spokesman Wang Wenbin said at a regular press conference that China is closely paying close attention to the closure of Silicon Valley Bank and emphasized that the global financial system in the world today is highly related.There is a problem with a bank, which is by no means a family in the United States.
Wang Wenbin said that the closure incident of Silicon Valley Bank has triggered a global financial market turmoil. I hope that the United States will strengthen transparency and strengthen communication with the international community.The issues that the international community generally pay attention to clearly."This is the responsibility of the United States and the expectation of the international community."
Wang Wenbin also pointed out that as the international currency, the US monetary policy should not only anchor the domestic economic regulation goals, but also carefully evaluate its negative spillwalk effect.Therefore, it is urged to adopt responsible macroeconomic policies, earnestly stabilize market expectations and investor confidence, avoid the impact of severe negative overflowing of radical policy, and repeat the mistakes of the 2008 financial crisis.
According to the Wall Street Journal, Silicon Valley Bank is usually characterized as a regional bank in the United States.But the bank has quite a lot of business internationally.Until a week ago, due to the suspension of cross -border transfer, it was difficult for Chinese customers to transfer funds from the closure loan institution.In the UK, the local branch of Silicon Valley was sold to HSBC at a symbolic price.
