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Our main story this monday morning here in asia, china has stepped up its efforts to restore stability in the economy, saying there is no basis for a creationist for appreciation. Where did you go, joe . That was the question. I have been asking this repeatedly. Since august, there was not a lot of comment. He had his deputy give a press conference at two days after that in august, or is in as in 2005, the architect of the yuan liberalization was on state media within 48 hours of that big the pegging from the dollar in 2005, this time, he was kind of silence. He had maybe a few comments of the g20 meeting, he was not a davos. Double joe resurfaced in a Time Magazine article where he basically went down a long list of concerns. , there is no basis fall, theing yuan pboc has been sending it since that august evaluation. He says balance of payments are good, he says outflows are normal. Exchange rate is stable, even though it is down 1. 25 again. There is outbound investments, there is. L

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