• Role of developing nations in creating global demand shouldn’t be exaggarated
• “Not realistic” to expect developing nations alone to boost world demand, economy
• Fed’s easing has raised “strong concerns2 among many countries
• G20 an important platform to express concerns over Fed easing
• Rising capital inflows may push up emerging markets’ asset prices, fx reserves
• Disorderly capital inflows to hurt emerging markets, pose risks to global recovery
• To use all available monetary tools in macroeconomic management
• China has no intention to confront US over fx rate or trade
• Exchange rate issue should not be politicised
• US shouldn’t force others to take medicine for its own disease
• China has been communicating with Fed over key policies
• “Not realistic” to have current account target that fits all