analysis of the u.s. quantitative easing monetary policy impact on chinas economy（分析美国量化宽松货币政策对中国经济的影响）.doc

Analysis of the U.S. quantitative easing monetary policy impact on China’s economy Summary of the current world-wide quantitative easing monetary policy, especially the U.S. quantitative easing policy adopted by the impact of China is not to be underestimated. Articles from the quantitative easing policy, the background, analyzes the U.S. quantitative easing monetary policy impact on China’s economy and on this basis, the corresponding countermeasures. Keywords: quantitative easing monetary policy impact measures a U.S. quantitative easing policy’s background since the sub-prime crisis, the U.S. launched two consecutive quantitative easing of monetary policy, the first round of quantitative easing monetary policy from September 2008 After the collapse of Lehman Brothers, the Fed launched its first quantitative easing monetary policy, in the three months to create more than a trillion U.S. dollars in reserves, mainly reserves to lend their subsidiary bodies, to facilitate financial institutions to buy derivatives. The second times the introduction of quantitative easing monetary policy based on two factors from the political background, the Obama administration did not improve the economic downturn, high unemployment, low public support, forcing the United States implemented a quantitative easing monetary policy from economic situation, although the U.S. economy has rebounded, but the recovery is insufficient, leading to high unemployment, in April 2010 the U.S. began to disappointing economic data, the U.S. can come up with to save the crisis response policy has been much , in particular, the interest rate is close to zero, the loss of operating space, forcing the U.S. Federal Reserve Board on November 3, 2010 announced the launch of the second round of quantitative easing monetary policy, the end of June 2011 to buy 600 billion of U.S. Treasury bonds The objective is to further stimulate the U.S. economic recovery and reduce unemployment. Second,