Home / Business

US bond-buying policy may benefit China, economists say

By Chen Jia | China Daily | Updated: 2013-05-03 07:34

The Chinese economy is expected to benefit from a more confident external environment, fueled by a gradual global economic recovery this year, according to local economists.

Reacting to the US Federal Reserve's decision on Thursday to continue its bond-buying policy - an effort to support economic recovery and encourage job creation by fueling capital liquidity - they said the move might also stabilize China's foreign trade, helped by improved worldwide money flow.

The Federal Open Market Committee, or FOMC, announced it could adjust the pace of bond-purchases - currently at $85 billion per month - depending on changes in its labor market and inflation.

US bond-buying policy may benefit China, economists say

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349