UPDATE 1-China vice finmin says Fed should communicate better on rates

June 2, 2016 4:39 AM

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BEIJING, June 2 The U.S. Federal Reserve should communicate better with China and financial markets on its interest rate decisions, which could have a big impact on the global economy, China's vice finance minister said on Thursday.

Chinese and U.S. officials will discuss how to promote economic growth in both countries and the world economy during the annual U.S.-China Strategic and Economic Dialogue to be held June 6-7 in Beijing, Vice Finance Minister Zhu Guangyao said.

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