China's central bank governor has warned that quantitative easing policies worldwide could cause inflationary risks, state news agency Xinhua said on Saturday.
The remarks by People's Bank of China (PBOC) Governor Zhou Xiaochuan come even as analysts credit policy easing from G4 central banks — the U.S. Federal Reserve, the European Central Bank (ECB), the Bank of Japan and the Bank of England — in the third quarter of the year as underpinning business confidence.
Chinese data on Saturday offered a sign that G4 policy easing was being felt in the world's second biggest economy, with trade numbers showing exports grew at roughly twice the rate expected in September while imports returned to the path of expansion.
«The data shows both imports and exports are improving — especially a rebound in export growth reflects a rising confidence after the U.S. and European countries launched further easing policies last month,» said Xue Hexiang, an analyst at Guotai Junan Securities in Shanghai, after the trade numbers were released.
Across Asia, central banks are wary about the potential inflationary impact of the Fed's latest quantitative easing, dubbed QE3, as well as policy stimulus unveiled by the ECB.
Central banks «should consider draining excessive liquidity injected into the market and eliminate inflationary pressure in the long-term», Zhou was quoted as saying by Xinhua, which cited the Journal of Public Research, a magazine published by the People's Bank of China.
China's central bank said in September that it would «fine tune» policy to cushion the economy against global risks while closely watching the possible impact from recent policy loosening in the United States and Europe.
Короче хрен вам, а не QE от Китая, к тому же стата по эскпорту вышла действительно мегахорошая )))
Понедельник обещает быть весёлым, учитывая ещё и то, что фьюч амерский закрылся под 1425 ))