"Chinese President Hu Jintao has targeted the dollar's reserve currency status ahead of his big meeting with President Obama saying, "the current international currency system is the product of the past."
In an e-mail interview with the Wall Street Journal, President Hu also attacked the Federal Reserve's use of dollar liquidity as a stimulant.
Particularly interesting were his comments on inflation. President Hu seemed to downplay the problem..."
at http://www.businessinsider.com/chinese-president-hu-jintao-dollar-2011-1?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+businessinsider+%28Business+Insider%29#ixzz1BELnuIqJ
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