IMF advises China to strengthen policy buffers

China's growth is clouded by mounting domestic vulnerabilities, says the IMF, and needs to become more consumption-based, inclusive and environmentally friendly.

IMF advises China to strengthen policy buffers

China’s near-term challenge is to contain risks to financial stability by reining in credit growth and non-traditional forms of lending, the IMF said in a report released late on Wednesday.

IMF directors agreed that China has the capacity to withstand shocks, but considered that a further strengthening of policy buffers over time would be desirable, it advised in the report, which is part of the IMF’s regular country surveillance.

The most...

To continue reading, please login or register for free

Click for more on: imf | reminds

Print Edition

FinanceAsia Print Edition


  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...