We don’t have bank resolution regime yet. It is on the way, but it does not exist yet. If a bank had to be wound up in the next few months, the framework does not exist yet, does it? In Germany, there is a framework under the German Bank Restructuring Act. But in Germany, all the banks will pass the test, won’t they?
Such actions are fundamental to strong and sustainable global growth. We also call on the IMF and the World Bank to explore ways to reallocate more resources to developing countries, raise their potential growth, and accelerate their income convergence with the developed world. II. Chinese economic developments and policies  The Chinese economy outperformed the expectations in the first half of 2009.