[Grammar] What this/it means for Asia

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holdenenglish

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Dear teachers

I am writing the headline for the an article. Would like to know if I should 1) capitalise "w" in what, and 2) use "this" or "it" (as below). Please advise.

Regards

Holden

US tapering – What/what this/it means for Asia?

The US Federal Reserve ("the Fed") took its first step towards unwinding the unprecedented monetary stimulus. Effective January 2014, the Fed will reduce the monthly asset purchase by US$10 billion to US$75 million.
 
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Welcome to the forum, Holden.

I'd write it like this:

US tapering – what it means for Asia.

If you want to phrase it as a question:

US tapering – what does it mean for Asia?
 
Dear Rover

Thanks for your help. Appreciate that.

A follow-up question. Why "it" is prefered to "this" here? Is that for grammatcial reason or other reasons? I would like to learn more about it.

Please advise.

Regards

Holden

Welcome to the forum, Holden.

I'd write it like this:

US tapering – what it means for Asia.

If you want to phrase it as a question:

US tapering – what does it mean for Asia?
 
Dear Rover

Thanks for your help. Appreciate that.

A follow-up question. Why "it" is prefered to "this" here? Is that for grammatcial reason or other reasons? I would like to learn more about it.

Please advise.

Regards

Holden

"This" would also work.
 
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