US treasury sec speaking at Davos
- real question is whether China will stick to reform agenda
- slower China growth shouldn't be a surprise
- global economy faces a lot of headwinds
- China should move to a more market-determined fx rate
They're trying Jack, but finding it awfully hard to let go.
- Europe is doing better partly because of cheaper oil
- US consumers helped by lower oil amid international headwinds
US Treasury Sec Lew - Taking his turn to have a pop at China
