Quantitative easing to be on the agenda

The upcoming China-United States Strategic and Economic Dialogue, also known as S&ED, should be a time for leaders of both sides to discuss the impact of the US scaling back its quantitative easing policy and better coordinate the two countries' monetary policies, analysts said.

"This should be one of the most important, possibly the most important economic issue for the upcoming event," said Lu Feng, a professor and vice-dean of the National School of Development of Peking University.

Following the remarks last week of Ben Bernanke, the chairman of the US Federal Reserve, financial market players expect the US to start withdrawing its monetary stimulus in coming months.