You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
In a wide-ranging interview with Xinhua, the Chinese finance minister Lou Jiwei started from the normal fantasy-land of central-planners by noting that the topic of a Chinese hard-landing "was not discussed at the G-20," because "no participant believes in the existence of that risk." Commenting on calls for the Chinese to launch new stimulus (to save the world's economy), Lou admonished the other nations, adding "I suggest they fulfill their own due work rather than counting mainly on others." He remained adamant that China is still growing and creating jobs but fears what everyone else fears: "The global market will sustain negative impact should the Fed fail to interact properly with other components of the market." In other words, "get to work, Mr. Bernanke, and don't remove the punchbowl," because as Lou notes, "some countries are overly optimistic on their outlooks."
Via Xinhua,
China Finance Minister Lou Jiwei as saying at G-20 meeting in Moscow:
source ...