BLOOMBERG Bloomberg Debate Davos 2016 January 23, 2016
Christine lagarde is the managing director of the imf and thank you so much for joining us. Is there something that the west misunderstands about Chinese Markets and does that exacerbate volatility . I think there is a lot the west does not understand about Chinese Markets. The essence of whats going on in china is an adjustment. They have a debt restructuring challenge. They have an economic restructuring challenge and they have to come up with a new model. They have a Capital Markets challenge. To build in an efficient way that circulates capital through the system better. They have a balanc...