Kohn on the United States in the world economy

Fed Governor Donald Kohn said on Wednesday 7 January that China would need more flexibility in its yuan currency "at some point" but acknowledged China faced complex problems.

"You've got a country undergoing this huge change of production and productivity. Things are happening over there at a rate and dimension that's hard for us to imagine," Kohn said during a question-and-answer session after speaking to a dinner sponsored by the Atlanta Fed.

"When you have this sort of thing, you can't fix

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.