HONG KONG -- The head of the International Monetary Fund has urged China to fix its economic imbalances, saying the country of 1.4 billion people is too big to rely on exports for its growth. China's ...
WASHINGTON (Reuters) -China must rebalance its economic growth model towards domestic demand, which has been weak for some time due to the country's property bust, the International Monetary Fund said ...
WASHINGTON (Reuters) -China has scope to ramp up fiscal stimulus, but should shift the focus of spending away from industrial policy and toward steps to boost consumption, a senior International ...
HONG KONG (AP) — The head of the International Monetary Fund has urged China to fix its economic imbalances, saying the country of 1.4 billion people is too big to rely on exports for its growth.
Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. China’s economy has experienced a prolonged bout of deflation (falling prices).
The IMF said Tuesday that a "rebalancing" of China's economy through fiscal measures targeting social spending and property would help battle deflationary pressure, as growth in the country is ...
WASHINGTON (AP) — Treasury Secretary Scott Bessent leveled harsh criticism at the operations of the World Bank and the International Monetary Fund on Wednesday even as he tried to reassure nervous ...
China and the United States -- the world's two largest economies -- are engaged in a mounting tit-for-tat trade row that has sparked global recession fears and ...
WASHINGTON, March 7 (Reuters) - The International Monetary Fund's staff is still assessing steps announced by China this week to shore up its flagging economy but welcomes Beijing's "focus on quality ...
The International Monetary Fund (IMF) has raised its 2025 global growth forecast to 3.2%, up from 3.0% in July, citing easing financial conditions, lower-than-expected tariffs, and resilient global ...
Feb 2 (Reuters) - The International Monetary Fund on Friday projected that China's economic growth would slow to 4.6% in 2024 and decline further in the medium term with growth of about 3.5% projected ...
Workers produce gears at a workshop at a gear factory in Taizhou, Jiangsu province, China, to meet the needs of domestic auto manufacturers such as SAIC, BAIC, BYD, and Great Wall, July 19, 2024 ...