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Chinese Premier1 Li Keqiang has assured the head of the IMF that Beijing "has no intention of boosting export through currency depreciation2, not to mention waging a trade war".
中国总理李克强向国际货币基金组织总裁保证,中国“无意通过货币贬值推动出口,更不必说发动贸易战”。
Li Keqiang made the remark while speaking with the IMF managing director Christine Lagarde by phone.
The Premier noted3 that the Chinese economy had reached mid- and high-speed growth of 6.9 percent last year, with employment sufficient, growth in resident income and savings4 being faster than that of the economy.
Lagarde said she believed the Chinese government would be able to maintain steady growth.
She said the IMF was willing to further strengthen communication and cooperation with China and jointly5 deliver the resolution for reform and the confidence in growth to the market.
Earlier in the day, the IMF chief announced the 2010 quota6 and governance reforms have come into effect.
"The reform will double the IMF's quota resources. ...."
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