China doesn't have much to fear from the latest twist in U.S. monetary policy. But the U.S. might have something to fear from China's response.
China probably won't face a new wave of destabilizing hot money into its financial system. "Operation Twist" doesn't involve printing more money, but only a shift in $400 billion of the Federal Reserve's holdings of U.S. Treasury's from the short to ...
China doesn't have much to fear from the latest twist in U.S. monetary policy. But the U.S. might have something to fear from China's response.
China probably won't face a new wave of destabilizing hot money into its financial system. "Operation Twist" doesn't involve printing more money, but only a shift in $400 billion of the Federal Reserve's holdings of U.S. Treasury's from the short to ...
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