Gao Xiqing is president of China Investment Corp., in an interview with the Wall Street Journal he warns:
“Treating the neighbors as your garbage bin and starting a currency war would not only be dangerous for others but eventually be bad for yourself,”
And this after all Japan’s efforts at the recent G20 meeting and since trying to explain japan’s policies are aimed at beating deflation, not weakening the currency.
The Journal adds:
- Mr. Gao’s remarks are among the strongest pronouncements yet by a senior Chinese official
