The International Monetary Fund no longer trusts China's trade balance. Analysts have discovered that Beijing is artificially adjusting its surplus downwards. This could be an attempt by China to disguise its overcapacity.
By Marcel Grzanna
In 2021/22, a record 1.3 trillion dollars was invested worldwide in combating the climate crisis. At the World Bank meeting, countries pledged more money for the protection of common goods. German Climate Envoy Jennifer Morgan also emphasized the responsibility of wealthy emerging countries to contribute financially.
By Bernhard Pötter
Climate financing and structural reforms are key topics at the spring meeting of the World Bank and IMF. The World Bank in particular is changing in order to respond faster and better to the climate crisis. But important questions remain unanswered.
By Bernhard Pötter
Argentina's new President Javier Milei does not like dictatorships. Instead of making his country's economic recovery dependent on China, he is relying on the support of the USA and Europe. Threats from Beijing are followed by pragmatic advances from the regime.
By Marcel Grzanna
Global economic growth threatens to slow in the coming months. But a hard recession is not looming, according to most economic forecasts. Stephen S. Roach is more skeptical, citing three reasons for his pessimism. Above all, a weak China could drag the global economy down with it.
By Redaktion Table
Kristalina Georgieva, the IMF's Managing Director since 2019, has been a bold leader in confronting the economic fallout of the pandemic, as well as in positioning the Fund as a global pioneer on climate change. The efforts now underway to remove her are not only unjust, but could hamstring the Fund's management for years to come.
By Redaktion Table
Global institutions such as the IMF, the WTO, and the World Bank are increasingly shaped by the rivalry between China and the US. For Beijing, they are bulwarks of the West. China, therefore, wants to counteract by creating its own organizations. The Bulgarian IMF chief Kristalina Georgieva has apparently been caught in the crossfire.
By Frank Sieren
Kristalina Georgieva is the director of the International Monetary Fund. She is accused of manipulating a country's ranking in Beijing's favor during her recent work for the World Bank. US congressmen and economists consider her no longer tenable and are calling for her resignation. Europeans, on the other hand, are coming to her defense. The accusations have not yet been proven. Is China's leadership systematically abusing international organizations for its own ends?
By Felix Lee
