China 'can weather QE challenge'
Foreign exchange official upbeat over the effects of tapering policy in the US
Although the United States' tapering of quantitative easing this year will pose a "significant challenge", China is capable of withstanding the change, according to a Chinese financial official.
Guan Tao, the State Administration of Foreign Exchange official in charge of balance of payments, said the ending of quantitative easing would even be seen as a good thing.
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