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Tim Chan : QE1 and QE2 are the injection to the financial

出自香港新聞網 - 樹仁新傳系學生實習習作

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The stock market revives because of the third round of quantitative easing. Tim Chan, executive chief editor, doubted the impact of the QE. " It is hard to evaluate whether the QE1 and QE2 are operative.", he said in Hong Kong Shue Yan University yesterday.

Some criticized that quantitative easing is not an effective way to solve the economic crisis. Chan explained, QE1 and QE2 were the injection, that is not used to heal, but to extend the life longer; therefore, it is hard to evaluate whether the QE1 and QE2 are operative.

Meanwhile, the third round of quantitative easing revived the stock market. Chan said, objectively, the QE could influence countries to buy, even China bought a hundred billions amount of debt. This helps the hot money import to US market.
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