“However, wholesale repealing of the Dodd-Frank Act would be ill-advised,” Saah said, noting the importance of long-term financial stability.
On Monday, however, Japan submitted its counterargument in writing to the WTO, expressing its view that the suspension of imports by China is "totally unacceptable", and that "it strongly urges China to immediately repeal its measures".
To protect a massive market with 158 million market entities and 1.4 billion consumers across the country, Pu said the government will accelerate the pace of repealing various regulations and practices that impede a national unified market and fair competition, further cut unfair market competition and intervention activities, as well as effectively reinforce the stability and predictability of government supervision.
On Monday, Japan submitted its counterargument in writing to the WTO, expressing that the suspension of imports by China is "totally unacceptable", and that "it strongly urges China to immediately repeal its measures".
Immediately after the repeal of Regulation Q, "Savings and Loans", a kind of US bank designed to facilitate house purchases, started investing in risky shopping centers and other commercial property.