Chinese Vice Finance Minister Zhu Guangyao

Chinese Vice Finance Minister Zhu Guangyao

Mikhail Kireev/Host Photo Agency via Getty Images

Chinese Vice Finance Minister Zhu Guangyao said, “Some emerging-market economies are facing difficulties. Capital is flowing out of these countries and their currencies are under pressure of depreciation, and the major direct cause of such a phenomenon is the Fed’s announcement that it may exit its unconventional monetary policy.”