Chinese minister Zhu Guangyao said Fed's tapering was a sign of US economy stabilising but cautioned the "ultra-low" interest rate's impact on macro economy. Photo: ReutersChinese minister Zhu Guangyao said Fed's tapering was a sign of US economy stabilising but cautioned the "ultra-low" interest rate's impact on macro economy. Photo: Reuters
Chinese minister Zhu Guangyao said Fed's tapering was a sign of US economy stabilising but cautioned the "ultra-low" interest rate's impact on macro economy. Photo: Reuters

Fed's QE taper risks slowing Chinese reforms

US central bank's move may delay Beijing's plan to relax capital controls and widen the daily trading band of the yuan, analysts say

Chinese minister Zhu Guangyao said Fed's tapering was a sign of US economy stabilising but cautioned the "ultra-low" interest rate's impact on macro economy. Photo: ReutersChinese minister Zhu Guangyao said Fed's tapering was a sign of US economy stabilising but cautioned the "ultra-low" interest rate's impact on macro economy. Photo: Reuters
Chinese minister Zhu Guangyao said Fed's tapering was a sign of US economy stabilising but cautioned the "ultra-low" interest rate's impact on macro economy. Photo: Reuters
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