China must adjust when US tapers QE

0 Comment(s)Print E-mail China Daily, August 27, 2013
Adjust font size:

The U.S. Federal Reserve is considering taper its QE policy. [File photo]

The U.S. Federal Reserve is considering taper its QE policy. [File photo]

China needs to prepare for the moment when the United States begins to wind back its quantitative easing policy, said National Bureau of Statistics spokesman Sheng Laiyun on Monday.

"As China's economy is still highly dependent on external markets, policy changes in the US inevitably influence China," he said.

The government spokesman called on the US Federal Reserve to consider the economic situations of both the world and of emerging markets before it makes a decision.

"In fact, the previous quantitative easing policy depreciated the dollar, lifted up prices of commodities in the global market and imported inflation pressure on emerging markets," Sheng said.

Economists expect US GDP to grow by 2.2 percent between April and June, up from an initial estimate of 1.7 percent, as a result of higher net exports. They said that any upward revision to US second-quarter GDP growth will give the Fed more confidence to taper its QE policy.

A Barclays Capital report said that the Fed's relaxing of the policy will have indirect but slight impact on capital flows to China.

"We think large, sustained outflows are unlikely. China is less vulnerable to significant outflows, relative to other emerging markets, due to its relatively closed capital account," said Chang Jian, Barclays Capital chief economist in China.

"The dominant entities affecting volatility of capital flows and currency demand are large domestic corporations with foreign exchange exposure from trade receipts, rather than global investors who still need to operate through the Qualified Foreign Institutional Investors schemes."

Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 触手强制h受孕本子里番| 7777精品伊人久久久大香线蕉| 日韩午夜福利无码专区a| 亚洲国产精品yw在线观看| 狂野欧美激情性xxxx在线观看| 同学麻麻下面好紧第一次| 青青草视频偷拍| 日韩电影免费在线观看网站| 亚洲欧美国产精品专区久久| 韩国午夜理论在线观看| 国产精品jizz在线观看免费| aaa一级黄色片| 好男人资源在线www免费| 中文字幕av无码专区第一页| 日韩免费观看的一级毛片| 亚洲av永久无码精品水牛影视| 欧美成人看片一区二区三区尤物| 国产av人人夜夜澡人人爽麻豆| 2021久久精品国产99国产精品 | 免费黄色在线网址| 羞羞视频在线观看网站| 国产精品伦一区二区三级视频| 97超级碰碰碰碰久久久久| 无遮掩60分钟从头啪到尾| 久久精品夜色国产亚洲av| 波多野结衣系列无限发射| 国产乱子伦真实china| 黄色一级黄色片| 国产成人精品电影| 色偷偷女男人的天堂亚洲网| 天天操天天干天天摸| 久久久久免费看成人影片| 日韩中文字幕a| 久久精品国产亚洲欧美| 日韩高清免费观看| 五月天综合视频| 最近中文字幕完整国语视频| 亚洲欧美中文日韩二区一区| 毛片免费视频播放| 亚洲色图第1页| 猫咪AV成人永久网站在线观看|