Top economic planner: China stocks not so powerful to shock world market

Source: Xinhuanet | 03-07-2007 17:19

BEIJING, March 7 (Xinhua) -- The Chinese stock market is not powerful enough to exert strong influence on the world share market, said China's top economic planner Ma Kai on Wednesday.

Ma, minister in charger of the National Development and Reform Commission (NDRC), made the remarks on the sidelines of the ongoing annual session of the National People's Congress (NPC),China's top legislature.

"The recent fluctuation of the Chinese stock market should not be blamed for a major cause of the ups and downs of stock markets in other countries. They should have checked their own problems,"Ma told a press conference.

Editor:Du Xiaodan