Risks and Path Choices of the Tapering of Federal Reserve QE and Its Impact on China

(整期优先)网络出版时间:2014-03-13
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SustainableeconomicrecoveryintheU.S.hascreatedafavorableenvironmentfortheFederalReserve(Fed)’staperingpolicy,butthisoperationfacesmanydifferenttypesofrisk.ChinashouldseizethecurrentopportunitywhiletheFedtapersoperationstocarveoutcountermeasuresinordertowithstandeconomicriskandenhanceitscapacitytowardofffinancialshock.