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China needs to do more to address its property-sector problems and has scope to provide more stimulus to boost consumption, ...
WASHINGTON (AP) — Treasury Secretary Scott Bessent leveled harsh criticism at the operations of the World Bank and the ...
The International Monetary Fund ((IMF)) cut its 2025 growth forecasts for major Asian economies, citing trade tensions and ...
International Monetary Fund Managing Director Kristalina Georgieva said on Thursday that for China to shift its economy ...
The IMF said Tuesday it now believed China's economy will only grow by four percent this year, well below Beijing's official ...
China can expand domestic demand through various policies including rebates for swapping old vehicles, appliances and factory ...
The Chinese exempting some goods from tariffs indicates they are interested in reducing tensions, Bessent said ...
I would guess that India would be one of the first trade deals we would sign. So watch this space,” Bessent added. In ...
“For China, the prolonged weakness in the real estate sector and its ramifications, including those for local government finances, have been key,” said the IMF. The report noted that consumer ...
He said measures taken so far do not come close to the IMF’s recommendation to offer support for indebted developers worth 5% of China’s gross domestic product (GDP) over three to five years ...