"The recent increase in interest rates by emerging economies can lead to the explosion of global financial assets bubbles,
"The developed countries are committed to very low rates, even with emerging economies raising borrowing costs, which may lead to the re-pricing of global assets,
"The countries need to coordinate financial regulation and improve control of cross-border funds, and emerging markets must prevent risk of large moves to the so-called hot funds. p>
> Liang said the global economic governance system, including organizations such as the International Monetary Fund, the World Bank and the World Trade Organization should be better represented.
