CCTV interview with Cui Tiankai: US super currency affects financial stability in other countries

CCTV interview with Cui Tiankai: America's hyper-fat currency affects financial stability in other countries welcome to the "Economic Information network." The stock market, futures markets are worried that the future of the market will be too much money, so bullish, the national authorities are also actively responding to hot money movements, but how should the Fed just launched the second round of quantitative easing of the new move?　　My colleague, Rui, today interviewed vice Foreign Minister Cui Tiankai, who said that the US currency would impact financial stability in other countries, and that the United States should give the international community an explanation. Cui Tiankai: The United States should give the international community an explanation Rui: "You mentioned just now that the most controversial economic policy in the United States, like the major reserve currency, is the so-called quantitative easing, in which you said that the U.S. owes China an explanation and needs an explanation, what kind of explanation do you expect? "Vice Foreign Minister Cui Tiankai:" I think the United States recently adopted the so-called quantitative easing policy, has aroused the concern of many countries in the world and even worry, so if the explanation, they should give the international community an explanation. "Cui Tiankai: America's RUI currency affects financial stability in other countries:" What do you think this explanation should say about the impact of their policies on other economies, and that the biggest concern from the Chinese side is whether they are worried about importing inflation and hot money from China? Vice Foreign Minister Cui Tiankai: "Yes, our fears are the same as those of many other emerging market economies and developing countries, because, after all, the United States, as the issuer of the world's main reserve currency, the circulation of his currency, he has adopted these monetary policies will have an spillover effect, This spillover effect will affect the financial stability of other countries and affect the prospects of other countries ' economic development.　　"Cui Tiankai: Do not want us domestic politics to influence Sino-US relations apart from America's hyper-currency, after the mid-term elections in the United States, the direction of Sino-US relations is also the focus of international attention, Cui Tiankai said that the real partnership between China and the United States need both sides to work together to hope that the development of Sino-US relations will not be affected by domestic politics. Rui: "We see that during President Obama's tenure, the United States has been largely influenced by U.S. domestic politics, influenced by Washington politics, and that after the mid-term elections, Washington's politics have become more complex and may be more strident for President Obama's domestic challenges, In this context, do you think that the Sino-US relationship will enter a relatively complex phase, even if the political advance of any policy or the resistance of the bill is increased? Vice Foreign Minister Cui Tiankai: "It should be said that the overall development momentum of the U.S.-China relations has been steady since the inauguration of President Obama, and the leaders of the two countries have confirmed the need to build a comprehensive and cooperative relationship between China and the United States." Of course, in the process of building such an active cooperative and comprehensive relationship, we will certainly meetTo many problems and challenges. I do not want the development of Sino-US relations to be influenced by the domestic politics of the United States, nor do I believe that domestic politics can have a significant or fundamental impact on the future development of China-US relations. I believe that there will be no difficulties and problems in the development of Sino-US relations, nor will there be any difficulties and problems that cannot be solved. The key is that both sides should stick to the right direction and make common and sincere efforts. ”