Leung: serious debt problems in Europe
Lawrence J World steel pipe network editing . Lau pointed out that the current short-term capital projects in the Mainland is still not freely convertible, that related to trade hot money outflows within a short time, China will bring harm. He suggested, for more than a certain amount of RMB and foreign exchange transactions tax will significantly reduce the expected rate of return for short-term currency speculation. He also said that the Mainland recent expansion of the RMB exchange rate fluctuates daily volatility, the yuan is still controlled floating exchange rate.
CIC International Chairman Lawrence J. Lau, Hong Kong yesterday to attend the first session "China's political and economic forum", said the second round of quantitative easing (QE2), the United States and other countries do no good, and believe that the third round of the amount of wide policies (QE3).
Huifeng Bank Yatai Ou Yewucelue and Jingjiguwen Liangzhao Ji Yu Tongyichangge Biaoshi Europe Zhuquanzhaiwu problem Yanzhong Spain and Italian Liang Guojin Liangnian will Daoqi the Zhaiwu reached over 7000 100 million euros yes EFSF Jiashang ESM Guimo Zonghe if the situation deteriorates World steel pipe network editing , materials IMF need further assistance.