US bond-buying policy may benefit China, economists say

The Chinese economy is expected to benefit from a more confident external environment, fueled by a gradual global economic recovery this year, according to local economists.

Reacting to the US Federal Reserve's decision on Thursday to continue its bond-buying policy - an effort to support economic recovery and encourage job creation by fueling capital liquidity - they said the move might also stabilize China's foreign trade, helped by improved worldwide money flow.

The Federal Open Market Committee, or FOMC, announced it could adjust the pace of bond-purchases - currently at $85 billion per month - depending on changes in its labor market and inflation.