Focus topics


IMF warns of slowing growth momentum

The International Monetary Fund (IMF) has recommended that China adjust its fiscal policy and implement structural reforms to ensure “balanced, inclusive, and green” growth. Although the IMF projects growth of eight percent this year and 5.6 percent in 2022. But risks that could negatively impact growth would rise. That’s according to the IMF’s recently completed annual performance assessment of China’s economic and financial developments. On government spending, China should ease some of its restraint, the IMF recommends. It suggests measures in the area of social security. Investment in sustainable sectors should also be strengthened over traditional infrastructure spending.

Continue reading now

Get 30 days of free access to the Decision Brief to read these and more quality news every day.

Are you already a guest at the China.Table? Log in now

Related

    USA invests in Pacific island states
    Travel slump expected for Golden Week
    China’s reputation is declining rapidly
    Taiwan wants to drop hotel quarantine