On Monday, in a report, a magazine by the China’s central bank, Fan Yifei, a vice governor of the People’s Bank of China (PBOC) said, China’s financial network as well as its technology supply chain faces a huge risk from worsening U.S.-China relations.
In the worst case scenario, under extreme circumstances, worsening diplomatic relations will significantly undermine the stability of China’s financial network and information system, wrote Fan in an article on China Finance.
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