China calls on U.S. Fed to weigh global factors

07/11/2013 | Reuters

China is urging the U.S. Federal Reserve to take a hard look at the global economy as well as the domestic situation as the central bank decides when to begin scaling back its quantitative easing. "The monetary policy of he United States does not exert impact only on itself, but has a spillover effect on the global economy," particularly emerging markets, said Finance Minister Lou Jiwei.

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