Monetary policy shift may hit China

Monetary policy shift may hit China
But history tells us that if the US tightens its monetary policy, this may lead to a global crisis. After the US halted convertibility between the dollar and gold in the Nixon era to stabilize the greenback, countries such as the USSR and Mexico bought …
Read more on Global Times

Beijing must stick to a tight monetary policy or risk economic collapse
The liquidity crunch in China's banking system reflects the changing direction of hot money. It has happened before. The difference now is that, after nearly six years of unprecedented easing policy, the US Federal Reserve is expected to reverse course …
Read more on South China Morning Post

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