国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Macro

Foreign easing policies to have limited effect on China, say experts

By Wang Xiaotian in Boao, Hainan | China Daily | Updated: 2013-04-09 10:38

The impact of major economies' quantitative easing on China will be "marginal" and the nation should continue to deepen its ongoing financial reform, especially currency reform, to better cope with global economic uncertainty, said experts.

Fred Hu, chairman of Primavera Capital Group and a former economist at the International Monetary Fund, said based on the influence of US monetary easing in recent years, measures introduced by Japan and the United Kingdom would also have a very limited impact on China.

"We didn't witness a surge in capital inflows and devastating effects as some liquidity still goes back to the US. History has showed us that China's real problem and threat comes from its own economic mode instead of outside policy changes," he said.

By further improving convertibility of the capital account and increasing the flexibility of the renminbi exchange rate, China would free itself from the necessity of injecting money into the market passively when foreign exchange rates rise, according to Hu.

"I don't think there is any solid reason for China's ongoing reforms to falter due to concerns over monetary easing in developed economies."

He made the remarks while attending the annual conference of the Boao Forum for Asia.

Foreign easing policies to have limited effect on China, say experts

Li Ruogu, chairman and president of the Export-Import Bank of China, said: "Monetary easing by Japan and other countries has already affected China as commodity prices fluctuate dramatically. For China, the most important thing is still to deepen its economic reform."

The Bank of Japan's plan to double its monetary base over the next two years is not as aggressive as other central banks, said Paul Sheard, executive managing director and chief global economist at Standard & Poor's.

He said that since the end of 2008, the balance sheet of the British central bank has expanded by 333 percent, with that of the United States rising by 252 percent, while the Bank of Japan's balance sheet only rose by 51 percent.

Previous Page 1 2 Next Page

Most Viewed in 24 Hours
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
FOLLOW US
靖宇县| 龙井市| 南川市| 叶城县| 凤山市| 高陵县| 清远市| 桐乡市| 丰原市| 剑河县| 蕲春县| 山阴县| 高台县| 太谷县| 普宁市| 建阳市| 子洲县| 平阴县| 泽库县| 新郑市| 玛纳斯县| 井研县| 巴彦县| 蓬安县| 无为县| 宕昌县| 诏安县| 施秉县| 承德市| 通城县| 阜康市| 新巴尔虎右旗| 丹东市| 咸宁市| 潼关县| 繁峙县| 林州市| 资阳市| 宽甸| 乡城县| 孟连|