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China 'can weather QE challenge'

By Jiang Xueqing | China Daily | Updated: 2014-01-25 08:06

Foreign exchange official upbeat over the effects of tapering policy in the US

Although the United States' tapering of quantitative easing this year will pose a "significant challenge", China is capable of withstanding the change, according to a Chinese financial official.

Guan Tao, the State Administration of Foreign Exchange official in charge of balance of payments, said the ending of quantitative easing would even be seen as a good thing.

China 'can weather QE challenge'

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