Daily Archives: September 17, 2009

Krishna Guha

I’ve just been speaking to China’s ambassador to the US – Zhou Wenzhong – and he doesn’t seem very enthusiastic about a renewed push on global imbalances.

He also says that China’s premier has made it clear “this is no time to talk about exit strategy” and that Beijing’s efforts to support growth “will continue” – but with an additional focus on making sure that bank lending does not all end up in real estate and equities.

Ralph Atkins

“Slightly worried”: Finnish understatement on the possibility of a soaring euro, in an economic update from the Nordic countries by Ralph Atkins of the Financial Times Read more

Jobs data looks healthy in Brazil and the square mile, but less rosy for manufacturing workers and journalists, although wage data may be good for those employed, whatever the sector. Commodities are ever more popular and gold could surge if China bans exports Read more

it’s good that the G20 is discussing global imbalances at the coming G20 summit, writes Chris Giles of the Financial Times, but no one should be suckered by warm words on imbalances. We’ve been there far too many times before. Process and accountability are everything. Read more