IMF chief warns of risks from a prolonged China slowdown

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BEIJING - A prolonged slowdown in China would have substantial global spillovers, International Monetary Fund managing director Kristalina Georgieva said on Thursday , but added that Beijing has roo

m to adjust policy to provide support.

In a video speech to the annual Boao Forum for Asia, Ms Georgieva said China's actions to counter its economic slowdown are vital for the global recovery. In the light of growing headwinds, foreign brokerages have also been slashing gross domestic product forecasts for China, after weakness in March activity data raised outlook risks as the lockdown in the mega city of Shanghai drags on.

 

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straits_times I could have told you that, can I be IMF chief?

straits_times In the mist of high commodity price, if China starts to consume like pre pandemic days, then?

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