Reuters quotes a sG20 source as saying G20 finance ministers are likely to agree to use several methods for screening global economic imbalances. There will be no single threshold number signaling imbalance. Only big economies are likely to face recommendations for remedial action under the G20 imbalances process. The G20 is likely to signal the possibility of the renminbi one day entering the SDR basket (the notional IMF currency).
Just as soon as the G20 agrees on which measures to watch, they will immediately ignore them…Otherwise, feelings may get hurt.
