China should avoid tightening macro-economic policies prematurely – IMF
China should avoid a premature tightening of macro-economic policies as its economy is still not performing at its full potential despite rebounding from COVID-19, International Monetary Fund (IMF) officials said on Friday. “Key structural reforms should be re-accelerated to lift China’s potential growth,” the officials told reporters at an online news conference accompanying the launch of its annual assessment of the Chinese economy on Friday. In its report, the IMF commends China for its initial handling of the pandemic, but stresses that the factors that saw economic growth slow significantly ...
Read More »