China official frets over U.S. quantitative easing

The latest U.S. moves to lift its economy by injecting an extra $600 billion into its banking system is a shock to global financial markets and may lead to excessive flows of capital into emerging markets, Chinese Vice Finance Minister Zhu Guangyao said on Monday.

Zhu, speaking to reporters ahead of this week's G20 and APEC meetings, added that it plans "frank discussions" with the United States over its latest round of printing money. more

News - November 2010