Nation must adjust when US tapers QE
China Daily | Updated: 2013-08-27 06:50
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.
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