Traus-Kahn: Increasing domestic demand does not mean ignoring exports

July 13 Morning News, the Korean government and the International Monetary Fund International High-level Meeting July 2010 12 to 13th in South Korea's Datian Convention and Exhibition Center. The theme of the conference was "Asia in the 21st century: The Road to the future".　　IMF chief Dominique Strauss-Kahn said at the meeting that increasing domestic demand did not mean ignoring exports. The following is a transcript: Domenek-Strauss-Kahn: I think they are right, the second growth engine discussion is not to say that these countries should exit the export market, especially in small countries, they are very small, but the smaller they are not suitable. The problem is slowing growth in Europe for the next 35 years, more important is that in the United States, exports like these will be reduced, which is possible, which is why we find alternative ways, and now the question is not to define a strategy, OK, we change our minds, we do not focus on exports, We pay attention to the domestic market, these are absurd.　　But the problem is that for some countries, no matter how big and how important they are, the possibility of their exports, in the past, might have strengthened the adjustment, and if the relative countries had diminished, they would have found another way. Like Singapore, it is clear that they should focus on a variety of markets, export markets. Like Thailand, as Korn said. And China, I think the Chinese government is right, he is in fact his own corresponding measures and policies, at the same time to transfer, the export into domestic demand. China, of course, is not the same as the Singapore economy, and there is no one that adapts to all the solutions. But Asian policy, no matter how big, no matter how developed, is obviously a naïve policy to make, and now I think maybe for some countries, accelerate other ways to boost growth, because traditional markets may not be as prosperous as they used to be.