Another case of having the headline earlier but getting some details a little later.

China's Finance Minister Lou Jiwei, in an interview published in the China Business News on Monday (via Reuters):

  • "The United States isn't at the point of raising interest rates yet and under its global responsibilities it can't raise rates"

(Boss on the line from Peru, ya listening, Janet?)

  • Said the US "should assume global responsibilities"

More:

  • Asked about the global economic situation, Lou said the problem was not with developing countries. ... "it is the continued weak recovery of developed countries" that's hindering the global economy. Developed countries should now have faster recoveries to give developing countries some external demand."
  • Welcomed the structural reforms in Europe

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How do you pick just one song from the boss?