On January 6, 2014, China Review News published an article on China’s economy. According to the article, the slower growth of China’s economy in 2013 was the result of the government’s nationwide macro-control. While maintaining stable economic progress in 2014, the Chinese government will push forward economic reform. However, the approaching end of the U.S. quantitative easing (QE) measures will cause the withdrawal of hot money from China and even lead to a massive capital outflow. Therefore, China must get ready to deal with a shortage of money.
Source: China Review News, January 6, 2014