Edition: English Asia Pacific Africa Europe | Español Français العربية Pусский | 中文简体 中文繁体
Homepage > Biz Video

Guan Tao talks about QE affected Chinese economy

CCTV.com

01-23-2015 02:37 BJT

The ECB's QE is just around the corner -- what will it mean for the Chinese economy?

"The Eurozone's QE have mixed effects over China's economy. From the positive side, ECB's QE will offset the monetary tightening caused by the Federal Reserve's exit from QE. But divergences in monetary policy will influence exchange rates between major currencies. This will bring turbulence to international financial markets especially that of forex, and make it difficult to manage capital movementS in emerging economies and exchange rate expectations," said Guan Tao, the head of Int'l PMTS.

Follow us on

  • Please scan the QR Code to follow us on Instagram

  • Please scan the QR Code to follow us on Wechat

We Recommend

  • World Heritage China Part 29
  • Glamorous Indonesia Part 2
  • Along the Coast Part 41
  • Glamorous Indonesia Part 1
  • Dreams and the business reality
  • Philippines' beauty pageant obsession
  • China's love for basketball
  • Box office online
  • Jixi: Land of luminaries II