December 17, 2015 / 3:16 AM / 2 years ago

China says Fed rate hike to impact trade, but extent not yet clear

BEIJING (Reuters) - The U.S. decision to raise interest rates will have some impact on China's trade but how much is not immediately known, the Chinese commerce ministry said on Thursday.

Further analysis is required to determine the extent, the ministry said.

The Federal Reserve hiked interest rates for the first time in nearly a decade on Wednesday by a quarter of a percentage point.

Reporting by Xiaoyi Shao and Sue-Lin Wong; Editing by Richard Borsuk

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