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QE 'taper-off' to cause liquidity problems in China

By Zhang Yuwei in New York and Zheng Yangpeng in Beijing | China Daily | Updated: 2013-08-23 07:48

Emerging economies vulnerable to fund outflows; nation urged to take 'defensive measures'

Despite some concerns over the outlook for the United States economy in the second half, and with no fixed dates proposed, the United States Federal Reserve is getting ready to taper its massive bond-buying stimulus program.

Experts said the Fed's move poses liquidity outflow pressures for all emerging economies, including China, which should take defensive measures against a possible money exodus.

QE 'taper-off' to cause liquidity problems in China

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