Exclusive interview with IMF chief Christine Lagarde

[DeSwiss]

Published on Mar 25, 2015
On the sidelines of the China Development Forum in Beijing, CCTV News caught up with the IMF chief to discuss the future of reforms in the organization, cooperation with China, the prospects for cooperation between the IMF and the AIIB and much more. Watch this exclusive interview.

IMF head Christine Lagarde welcomes China-backed bank on visit to Beijing
AFP
March 24, 2015, 12:00 am TWN

BEIJING--International Monetary Fund (IMF) head Christine Lagarde said Monday she welcomed Beijing's creation of a new infrastructure bank — an institution that has drawn support from Europe and skepticism from Washington.

Lagarde made the comments as she wrapped up a five-day visit to China and after a host of European countries announced their intention to sign up for the China-led Asian Infrastructure Investment Bank (AIIB).

The moves by Britain, Germany, France, Italy and others have caused consternation in the United States and Japan, which lead the World Bank and the Manila-based Asian Development Bank respectively. Some view the new bank as a competitor to the two institutions.

In a statement issued after she met Premier Li Keqiang, Lagarde hailed Beijing's “impressive efforts” to reform in areas including combating corruption, controlling pollution and “clearing the path to even more engagement with the world.”

“I welcomed China's various initiatives in this area, including through the newly established Asian Infrastructure Investment Bank,” she said.

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- Et tu, Christinus? At this rate the US may be the only one in the world not in the AIIB.....

[mother earth]

1. We'll be waiting and watching on the "impressive efforts" to reform. It would be

easy to see this as a step in the right direction (AIIB), but it just may be a case of same ills spreading.

Though, with the ever widening spread of rejecting austerity & seeing the corrupt oligarchs for what they are...there may well be more here than meets the eye.

(Spoke to soon on the they're in, I guess it is just a call to join. What choice is there if everyone else is in?)

[DeSwiss]

3. Any scheme designed to promote capitalism is normally to be avoided at all costs.

On the other hand, any scheme that will disrupt and diminish the current controlling capitalist's agenda is to be welcomed with open arms. Particularly now with things like the TPP on the horizon, which is little more than a reaffirmation of the monarchy/serfdom/slavery paradigm, with corporations and 1%ers filling the roles of the monarchy.

As Jacques Fresco said: ''I believe that communism, socialism, free enterprise, fascism are part of social evolution. That you can't take one giant step from one culture to another, but that there are in-between systems.''

This is the in-between system before it's all chucked due to its unsustainability, if social evolution is allowed to move onward, unfettered. The only thing that would interfere with that process are the existing corrupt systems who're are trying to hold onto their power.

- Our power and our strength lies in two areas: Purchasing power and assisting the machine's destruction which can't run without us. These must be used to free ourselves.........

[uhnope]

2. Chinese State TV? How depraved. I guess RT was too fair and balanced on this subject????

I stand with Tibet. Fuck CCTV. It's totally depraved to use as a source.