Paschal Donohoe (Dublin Central, Fine Gael)
Link to this: Individually | In context | Oireachtas source

We are monitoring it. We believe that our capital markets and banking systems are resilient and able to deal with any contagious effect from the issue that the Chair refers to. It is the case, as can be seen in changes in the pricing of certain commodities and the performance of particular equities, that we live in a deeply interconnected world and changes that take place in the Chinese banking sector definitely have the ability to influence the performance of the global economy and national economies which are intertwined with China. We are monitoring it. We do not have a specific exceptional link to what could be happening with the development of that enterprise but it is far from obscure.