外文翻譯---復(fù)蘇模式：中國(guó)應(yīng)該對(duì)美國(guó)的量化寬松政策感到擔(dān)心嗎-在線瀏覽
2024-07-24 10:04本頁(yè)面
【正文】 ，減少到了目前的 2， 900 億美元，這表明，即便在實(shí)施量化寬松政策，中國(guó)也有能力有效控制資金的流入量。 “兩個(gè)國(guó)家都在為自己的問(wèn)題而指責(zé)對(duì)方。 ” 附注：本文摘自“ 賓夕法尼亞大學(xué) 網(wǎng)站期刊”， 發(fā)布日期 : 附原文： Recovery Mode: Should China Worry About the .39。s socalled quantitative easing would be necessary after the current round (known as QE2) es to an end in June, Bernanke replied, “The Fed will decide the same way it always does by looking at various economic metrics, including the unemployment rate, which has been hovering around 10% for some months. As the number of people out of work in the country remains high, it looks increasingly likely that the Fed will proceed with QE3, a move likely to be met with a chorus of disapproval around the world. Among the loudest critics: China. As under the first two rounds of quantitative easing (beginning in March 2020 and November 2020) the Fed would print money and use the funds to buy bonds and mortgagerelated securities purchases aimed at lowering borrowing costs in the . and stimulating the nation39。s primary effect is political, counters Charles Freeman of the Center for Strategic and International Studies, a Washington, public policy research center. “It is causing a lot of nervousness in Beijing about the longterm policy of the Fed [concerning] the dollar, and the Chinese administration is worried that the . will pursue a longterm weak dollar policy, says Freeman, a former assistant . trade representative for China affairs. Recently, China stepped up pressure on the Treasury and the Federal Reserve by asking for reassurance that QE is only a shortterm exercise.” Philip Swagel, former assistant secretary for economic policy at the Treasury Department in the . and professor of international economic policy at University of Maryland, agrees that the economic impact of QE2 in general, and on China in particular, has not been as dramatic as it is often made out to be. “Chinese rhetoric is off the mark,” he says. ““QE2 is mainly a signal that the Federal Reserve will not allow deflation and would act in greater strength had the economy not rebounded. In the end, it will have a modest effect on the domestic economy and the international spillover is also modest.” Inflation and Aggravation Yet even relatively small, the spillover es at a sensitive time for many economies, including China39。t alone in underscoring the extent to which acmodative policies, such as the Fed39。s Swagel, “China?s own moary policy is problematic in the first place and the biggest driver of inflation in China is the Chinese moary policy. The main fact is that China is maintaining a weak yuan and the soft peg to the dollar forces China to have excessive liquidity that boosts inflation.” The country39。s Bank of China (PBOC), has been trying to bat inflation. In early April, for example, it raised the required reserve ratios of mercial banks and tightened credit, and it raised the benchmark oneyear borrowing and lending interest rates by 25 basis points
畢業(yè)設(shè)計(jì)相關(guān)推薦
鄂ICP備17016276號(hào)-1