Emerging markets must be heard
Editor's Note: Ahead of the Group of 20 summit of the world's largest economies in Russia, the International Monetary Fund noted that developing countries have been hardest hit in the past few months by the US central bank's warning that it will soon taper its massive bond-buying program that poured cash into the economy to stimulate it. The subsequent slowdown in emerging markets, particularly Brazil, China and India, could hold back global economic growth, the IMF warned. What risks lie ahead and how can the BRICS nations coordinate efforts to deal with the potential impact? China Daily interviewed four economists for their views.
the questions
1 Concerns have risen as the US Federal Reserve plans to start tapering its $85-billion-a-month program of quantitative easing. What kind of risks would that bring to emerging markets, especially the BRICS nations?
