Pimco's Tony Crescenzi Interview

Nov. 9 (Bloomberg) -- Anthony Crescenzi, a strategist at Pacific Investment Management Co., talks about quantitative easing by the Federal Reserve and the ability of emerging markets to control capital flows. China said it will force banks to hold more foreign exchange and strengthen auditing of overseas fund raising, stepping up efforts to curb hot-money inflows that may inflate asset bubbles and add pressure for a stronger yuan. Crescenzi speaks with Margaret Brennan on Bloomberg Television's "InBusiness." (Source: Bloomberg)