China will switch to a prudent monetary policy from a moderately loose stance, the Communist Party's top leaders decided on Friday, a change that could pave the way for more interest rate increases and lending controls, the state Xinhua news agency reported on Friday.
http://www.cnbc.com/id/40486747
Congratulations to Bernanke and his FED braniacs. That´s a direct result of QE II. This could have harsh repercussion on companies like General Motors and other "braniac" US companies doing good business / revenue in China. Bernanke is creating liquidity. China is soking it up.
http://www.cnbc.com/id/40486747
Congratulations to Bernanke and his FED braniacs. That´s a direct result of QE II. This could have harsh repercussion on companies like General Motors and other "braniac" US companies doing good business / revenue in China. Bernanke is creating liquidity. China is soking it up.