Third is the land pegging policy strokes and shot.

三是土地挂钩政策，中风和开枪。

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By pegging to the dollar, it is, in effect, importing America's monetary policy, which is too loose for China's fast growing economy.

通过外汇顶固定在美国身上，其实也就是进口美国的金融政策，这对中国快速增长的经济来说实在是太宽松了。

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On Friday, Mr Snow told CNBC television that China had made "an important first step" by ending the policy of pegging the yuan to US dollar.

BBC: NEWS | Business | Snow to focus on US-China tension

Bernanke believes that the announced policy of pegging will cause arbitrageurs to keep yields near the announced peg, especially if the Fed intervenes several times to prove its commitment.

FORBES: Peeking Into Ben Bernanke's Bag Of Unconventional Monetary Weapons

The score on macroeconomic policy is roughly level-pegging: Labour has succeeded in neutralising macro management as an election issue.

ECONOMIST: Britain’s healthy economy | The