Tighter US monetary policy could weaken China’s currency. Photo: AP
Tighter US monetary policy could weaken China’s currency. Photo: AP
Yuan

US tapering: China urged to make preparations for ‘spillover’ after Fed confirms tapering

  • The Federal Reserve said on Wednesday it would start unwinding its pandemic stimulus, which could weaken China’s currency
  • Although the decision was well telegraphed, analysts say China should be prepared to ‘counter’ unexpected consequences

Topic |   Yuan
Tighter US monetary policy could weaken China’s currency. Photo: AP
Tighter US monetary policy could weaken China’s currency. Photo: AP
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