全球量化宽松货币政策下的中国经济展望

Outlook on China's Economy under Quantitative Easing Monetary Policy

近期,受美国量化宽松政策影响,一些国家亦纷纷采取单边货币行动,竞相贬值,引发了一场激烈的国际货币之争,市场担忧全球经济复苏的局面可能会从此走向深渊。2010年10月,中国人民银行先是调高部分商业银行的存款准备金率,而后又意外地调高金融机构人民币存贷款基准利率,这代表决策层对未来中国经济走势和通胀预期的看法有所转变,预示着新一轮的收紧政策可能到来。

Recently,due to the influence of USA's quantitative easing monetary policy,several countries performed unilateral monetary policies and devaluated their currencies.A currency war was triggered.Under this background,PBC raised 6 commercial banks' deposit-reserve ratio,and then unexpectedly raised benchmark interest rates of saving and loan in October 2010, which foreshows the arriving of a new round tighten policies.