Chinese premier smooching up on the phone to IMF boss Lagarde
- China is capable of keeping yuan basically stable against a basket of currencies
Basically stable ? Gee thanks. China might do a little better once its left hand works in partnership with its right.
- China capable of keeping economic growth at medium to high pace
China obviously feeling a little heat from the IMF since the yuan is now included in their SDR basket.
Lagarde- Keep smiling Mr Li, then they'll think we don't have an issue.