BEIJING -- China's top banking regulator issued a sharp critique of U.S. financial management only hours before President Barack Obama commenced his first visit to the Asian giant, highlighting economic and trade tensions that threaten to overshadow the trip.

Liu Mingkang, chairman of the China Banking Regulatory Commission, said that a weak U.S. dollar and low U.S. interest rates had led to "massive speculation" that was inflating asset bubbles around the world. It has created "unavoidable risks for the recovery of the global economy, especially emerging economies," Mr. Liu said. The situation is "seriously impacting global asset prices and encouraging speculation in stock and property markets."

Helipilot:

BEIJING -- China's top banking regulator issued a sharp critique of U.S. financial management only hours before President Barack Obama commenced his first visit to the Asian giant, highlighting economic and trade tensions that threaten to overshadow the trip.

Liu Mingkang, chairman of the China Banking Regulatory Commission, said that a weak U.S. dollar and low U.S. interest rates had led to "massive speculation" that was inflating asset bubbles around the world. It has created "unavoidable risks for the recovery of the global economy, especially emerging economies," Mr. Liu said. The situation is "seriously impacting global asset prices and encouraging speculation in stock and property markets."

The critique was directed at U.S. financial management. That would be the fed that controls interest rates. I know you want to blame everything on Obama (the black guy) but it does get a little old.

SO Helli ,frays local commie lover, is now quoting communist china agains t america.Any more proof needed to see what a fucking commie loving traitor helli is ???

Italia:

The critique was directed at U.S. financial management. That would be the fed that controls interest rates. I know you want to blame everything on Obama (the black guy) but it does get a little old.

Oh, I get now, Obama takes NO blame for negative happenings, but I'll betcha as soon as the economy gets better Obama will be taking FULL CREDIT FOR THE RECOVERY.

the world has ever seen. The combination of social and environmental storm clouds on its horizon, are plain for all to see. Their authoritarian capitalist model is a train running full speed towards the west. Their socioeconomic and sociopolitical realities are a train steaming east. Unfortunately for them, these two trains are on the same track.