China state paper lashes US monetary policy | WHAT REALLY HAPPENED


China state paper lashes US monetary policy

The "tsunami" in the US financial system was touched off by short-sighted monetary policy and lax regulation, a leading Chinese state ne
wspaper said on Wednesday. The front-page commentary in the overseas edition of the People's Daily is the latest in a stream of critical articles that have lashed US policy even as the Chinese central bank has said it endorses a Washington bailout plan.

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