Forbes (September 9)
2012/ 09/ 11 by jd in Global News
“There is a country that, more than any other, needs the Federal Reserve to embark on QE3.” A third program of quantitative easing “may not help the U.S., but China certainly stands to gain.” QE3 is expected to weaken the dollar. “A weak American currency means a weak Chinese one, and a weak Chinese currency helps the nation’s struggling exporters on global markets.”
Tags: China, Currency, Exporters, Fed, QE3, Quantitative easing
