Casa Robino

The spectre of financial war loomed ever closer on Monday after China warned the US Federal Reserve’s fresh cash injection of 600 billion dollars, or 431 billion euros, into the economy, was “hot money” that would be “a shock to global markets.”<br />
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With the global financial system at the top of this week’s G20 meeting China has joined a number of other leading economies in condemning the American policy. Last week the Germans called it “clueless”.