China Ministry of Finance: QE2 will have a very big impact on developing world

China, taking shots at US monetary policy, states the obvious in that US monetary policy is causing worldwide inflation.  China has been vocal recently, especially in regards to monetary issues.  Via Bloomberg
“Don’t make other people take the medicine for your disease,” Yu Jianhua, a director general at China’s Ministry of Commerce, told reporters in Seoul late yesterday. “Quantitative easing will have a very big impact on developing countries including China.”

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