MNI China Press Digest April 20:Foreign Capital, Confront West

The following lists highlights from Chinese press reports on Tuesday:

• China will keep large movements in foreign capital from destabilizing its internal financial markets and suspend trading activities by foreign-held accounts if deemed necessary, the China Securities Journal reported citing Fang Xinghai, Vice Chairman of the China Securities Regulatory Commission. China forbids illicit forex transactions and other violations, the newspaper said citing Xuan Changneng, Deputy Director of State Administration of Foreign Exchange.
• The Chinese people support the government's confident approach to handling "provocations and stigmatizations" by the West over an approach driven by compromise, the Global Times reported citing a survey conducted by the newspaper. About 90% of over 1,200 respondents believe China should not "look up to the West", the government-run newspaper said. The West should also accept Chinese public opinion rather than labeling the population's brimming confidence as nationalism, the Times said.