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China says emerging economies suffering from major capital inflows caused by US monetary policy

Wednesday, April 4th 2012 - 04:08 UTC
Full article 11 comments

China’s central bank Governor Zhou Xiaochuan said the US Federal Reserve must consider responsibility of the global effects of its actions as emerging-market economies suffer from capital inflows. Read full article

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  • Troneas

    and then we have to read how the US and the UK run to over to cry to the WTO about developing countries being protectionist.

    someone tell these people that the days they could do whatever they wanted and see the rest of the world submit to their actions and comply with their lectures is ending.

    oh wait! Argentina already has!

    the day when the dollar is no longer the world currency and a few rich countries have their way at every single international organization they've tailored to promote their agenda is fast coming.

    Apr 04th, 2012 - 04:24 am - Link - Report abuse 0
  • Doveoverdover

    @1 But until then you'll just have to keep listening to the lectures and watching as the Anglo agenda advances. It reminds me of ten years ago when a colleague of mine working in the UN in Sierra Leone had a number of tee-shirts produced and handed to local people (starting, I recall, with our three houseboys). On the front it said “UNAMSIL” and the UN badge. On the back it said “Working to the British Agenda”. Of course he was told off by our UN (British) boss not because it was not true but because it helps to do these thing quietly. So you are very clever to have noticed. I wonder, does being right help to ease your frustration and sense of inadequacy?

    Apr 04th, 2012 - 06:28 am - Link - Report abuse 0
  • Skåre

    In other words: China, with its huge US dollar reserves, thinks it is the USA's responsibility to manage to US dollar to China's Advantage.

    These guys are almost as cretinous as the Argentine government and their constant need to blame anyone but themselves for their own crass incompetence.

    Apr 04th, 2012 - 07:18 am - Link - Report abuse 0
  • GreekYoghurt

    @1 They're certainly not working to an Argentine agenda, with your overt policy of defaultism.

    Apr 04th, 2012 - 07:19 am - Link - Report abuse 0
  • Troneas

    @2. I suppose it would if the status quo were to be maintained.

    Yet, as there are clear indications that the Anglo agenda is not advancing - in fact, the opposite is happening as more developing countries push their way into the global decision making process it just makes me feel content and hopeful.

    i do not resent the UK nor the US, if that is what you suggest; but i am happy the old system, rules and standings inherited post WWII are slowly eroding.

    Apr 04th, 2012 - 08:13 am - Link - Report abuse 0
  • Doveoverdover

    @5 The point about the Anglo and hence the British Agenda is that the items on it change over time but the fundamental imperative remains the same. That is improving the absolute and the relative well being of its members of all classes, but in particular the wealth owners, in what is a very competitive world. The more enlightened of us don't want the status quo to be maintained, we want our position to be enhanced and our values to be adopted by non-anglos, preferably unknowingly. If you think that our position is slowly eroding you are mistaking the essentially nature of the change. It is not erosion it is transformation. Nationalistic colonisation and the cold war are history, globalisation is the new paradigm. The commercial armies of the Anglo nations have changed their names and their ways of working but they are still effective. The UN, especially DPKO and the big budget agencies, is both a vehicle for the Anglo agenda and, in the GA and its subordinate, a place where frustration of others can be vented without damage being done to anyone else. Not coming in on the side of the winners in the 2WW, the Cold War and the Falklands War must be very frustrating for your compatriots because it has put them well and truly on the slow track.

    One last point. Is it slowly eroding or is the day fast coming or is it both?

    Apr 04th, 2012 - 09:14 am - Link - Report abuse 0
  • Alexei

    Nothing to do with the the useful idiots who've outsourced most of our manufacturing industry to Chinese cheap labour then?

    Apr 04th, 2012 - 12:24 pm - Link - Report abuse 0
  • GreekYoghurt

    @5 Hmm... a world full of corrupt non-transparent poverty ridden hell holes... where children suffer huge levels of propaganda...how much better the 'non-anglo agenda' must be in your mind.

    Apr 04th, 2012 - 04:34 pm - Link - Report abuse 0
  • yankeeboy

    6. I have been traveling and living all over the world for 25 years. The world in general is transforming and becoming more like the USA than not. Those countries that have accepted and adapted our ways are becoming richer, more educated and their citizens have a brighter future. Those who have tried to do something other than our way are quickly being left aside and their populations are more dangerous, less educated and their future seems very dim.
    It is easy to compare; Chile to Cuba, Venezuela to Colombia, all of the Bolivarian Revolutions are failing.
    It is too bad Argentina took their 3rd way with Peron and are getting left if in the dust.

    Apr 04th, 2012 - 06:04 pm - Link - Report abuse 0
  • Skåre

    @5 Troneas

    What is this mythical “Anglo agenda”of yours? Apart from it being an obvious pejorative, the very idea that there is a single “Anglo agenda” is as unhinged as the belief that all homosexuals in the world have conspired to create a mythical 'gay agenda'.

    Despite your best attempts to hide it, your dyslogistia is all to apparent and you would be far better served by being honest.

    Apr 05th, 2012 - 08:02 am - Link - Report abuse 0
  • ChrisR

    It looks to me that this guy is just like the Dynamic Duo of Cuba: an unreconstityuted old time Maoist cummunist.

    Apr 05th, 2012 - 02:41 pm - Link - Report abuse 0

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