IMF's Lagarde says China should communicate better with financial markets

IMF MD speaking to Reuters at Davos

• China should clarify its currency basket regime

A common theme doing the rounds in recent days.

Better communication though isn't going to exactly calm markets. Look what's happened with forward guidance.

Update 08.10 GMT

China's securities regulator dep head, also in Davos, says they are learning to communicate seamlessly with market

Awww, bless their little cotton socks.

IMF's Lagarde noting a gap in China's communicative skills