Experts sure any moves by US Fed won't affect nation's policy much By CHEN JIA | China Daily | Updated: 2021-07-30 06:53 Share The People's Bank of China in Beijing. [Photo/IC] Macroeconomic experts in China said on Thursday the US Federal Reserve's latest signal that it may taper $120-billion-a-month purchases of Treasurys and mortgage bonds would not unduly affect the country's current financial condition. That is because Chinese monetary authorities will likely continue to accord top priority to economic recovery and price stability in the second half of this year, they said. It is unlikely that China's monetary policy, which focuses on preventing economic slowdown and maintaining financial stability, will be influenced by any possible adjustments to US monetary policy, they said.