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China Alarmed by US Money Printing

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DO AS WE SAY, NOT AS WE DO
"Cheng Siwei, former vice-chairman of the Standing Committee and now head of China's green energy drive, said Beijing was dismayed by the Fed's recourse to "credit easing"," the Telegraph reported. ""Gold is definitely an alternative, but when we buy, the price goes up. We have to do it carefully so as not to stimulate the markets," he added."
SOURCE:   Telegraph (UK)

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