Follow Us

Follow us on Twitter  Follow us on LinkedIn
 

05 November 2010

Il Sole: China against the ultra expansive policy of Fed


Default: Change to:


Es gibt unterschiedliche Motive: die neue Liquidität, die in die Märkte injiziert wurde zusammen mit der Null-Zins Politik in den USA wird den Dollarkurs fallen lassen und zu Problemen mit den Exporten in vielen Ländern, vor allem in Fernost führen.


China attacks the ultra expansive monetary policy of Fed and the proposals for the next G20 summit in Seoul.  There are different motives:  the new liquidity injected to the markets, together with the zero interest rates in the US will push the dollar down and create problems with exports in many countries, particularly in Far East.  “The emerging countries must find ways to stop this speculative influx that could harm our economies,” said Xia Bin from Chinese central bank.  “Chinese government is afraid that this speculative  capital will raise the inflation, which has been the highest in 2 years.” 


...View


< Next Previous >
Key
 Hover over the blue highlighted text to view the acronym meaning
Hover over these icons for more information



Add new comment