JAKARTA, Sept 23 (Reuters) – Indonesian authorities are monitoring the monetary market scenario in China, finance minister Sri Mulyani Indrawati mentioned on Thursday, and warned that property agency China Evergrande’s debt woes may have an effect on the world’s financial system.
“We see a brand new danger to the monetary system stability in China,” she informed a information convention.
“They’re going by way of a scenario that’s not simple and will have a rare ripple impact not only for China’s home financial system, but additionally the world’s. So we have now to watch out.”
Reporting by Gayatri Suroyo and Fransiska Nangoy
Enhancing by Shri Navaratnam
Our Requirements: The Thomson Reuters Trust Principles.