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IMF Warns China’s Export-Led Growth Is Hurting Other Economies, Calls for Shift to Domestic Consumption
The IMF calls for China to adopt exchange-rate flexibility, fiscal stimulus, and structural reforms to address overcapacity and deflation, estimating a 3.3% GDP current-account surplus in 2025.
5 Articles
5 Articles
IMF warns China’s export-led growth is hurting other economies, calls for shift to domestic consumption
The IMF has warned that China’s export-led growth strategy is creating adverse spillovers for other economies, as widening trade surpluses, deflationary pressures and rising debt deepen global imbalances
IMF says China’s economic model is hurting the global economy
The International Monetary Fund faulted China’s economic policies for causing waste at home and damage abroad and called for a reorientation by Beijing to embrace a model based on domestic consumer spending. “Transitioning to a consumption-led growth model should be the overarching priority,” the IMF’s executive directors said in a statement Wednesday released alongside the Washington-based lender’s annual review of China’s economy, known as an …
Imf Warns: Beijing's Economic Policies Harm Other Countries' Interests | International Monetary Fund
On Wednesday (February 18), the International Monetary Fund (IMF) criticized Beijing’s economic policies for causing domestic waste and harming the interests of other countries, and called on Beijing to adjust its policy direction and reduce “unnecessary” industrial policies.
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