China finance minister commenting on US QE exit

Author: Kyle Shortland | Category: Central Banks

In Washington, China’s finance minister Lou Jiwei is commenting on the fed’s QE exit.

  • Urges US to consider international impact of exit from QE
  • Impact of US exit from QE on China wont be large because capital account is not fully open but other developing countries could suffer
  • Sustained US growth supports QE exit but jobless rate suggests its still to early.