China's Foreign Ministry defers crypto policy questions to regulators after Trump's Davos remarks

China's Foreign Ministry responded on Jan. 22 to U.S. President Trump's Davos statement about keeping the U.S. ahead in crypto and preventing China's involvement, BlockBeats reports. Spokesperson Guo Jiakun said China actively engages in multilateral and bilateral monetary and financial cooperation, participates in global macro policy coordination and international financial rule-making, and directed specific questions to competent Chinese authorities.