China are closely watching normalization of US interest rates - Livesquawk

Ahead of the G20 meeting, China urges G20 members to oppose protectionism, Livesquawk reports.

A Chinese official was on the wires, saying that the G2 members must coordinate policies, while embracing structural reforms.

The official also noted that China are maintaining close contact with the Fed, by closely watching normalization of the US interest rates.