China | The delay of Fed’s liftoff will buy more time for China
Published on Friday, September 18, 2015 | Updated on Sunday, May 13, 2018
China | The delay of Fed’s liftoff will buy more time for China
Summary
We believe that the Fed’s delay of liftoff is generally positive for China, giving the world second largest economy more time to repair its financial system, stabilize the RMB exchange rate and step up easing efforts to support growth. All in all, we expect the RMB exchange rate to remain stable throughout the rest of the year.
Topics
- Topic Tags
- Regional Analysis China
- Macroeconomic Analysis
Authors
Jinyue Dong
BBVA Research - Senior Economist
Le Xia
BBVA Research - Chief Economist
Documents and files
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