Beijing is right to fear a rate-raising Federal Reserve – The Hill (blog)
March 15, 2017
| Beijing is right to fear a rate-raising Federal Reserve The Hill (blog) The last thing that the Chinese economy now needs is a tightening in the U.S. credit cycle and a rising U.S. dollar. Such a combination is bound to complicate Beijing’s efforts to deal with its capital outflow problem, to prevent an undue depreciation … |
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