Arjuna Mahendran Quotes

China has to move to a more flexible foreign currency trading system, no question about that. You might see two or three moves to widen the band, say to 0.5 percent.

Unlike in the 1980s and 1990s, this time the Japanese are going to be more circumspect and invest in their end markets, which would include Europe and the United States.

The fact that the talks are resuming is a big positive. But it's going to be a slow process.