China Says U.S. Needs Adult Economic Supervision

China says the U.S. needs adult supervision — which is true, of course, but doesn’t make the implicit economic scolding any less striking.

We should advance reform of the international financial system, increase the representation and voice of emerging markets and developing countries, strengthen surveillance of the macro-economic policies of major reserve currency issuing economies, and develop a more diversified international monetary system.

More here.

Related posts:

  1. Are Countries Playing Economic Chicken?
  2. Is China 2009 = U.S. 1929?
  3. Economic Photo Night: Gold, China, and Greece
  4. China vs. India in Economic Combat
  5. Quote du Jour: Developing vs Developed