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IMF predicts 'bumpy' ride for China's economic transition

It advises G20 leaders to help China through it and to address the problems created by the refugee crisis

Published Thu, Nov 12, 2015 · 09:50 PM

Tokyo

THE International Monetary Fund (IMF) on Thursday called on leaders of the G-20 group of advanced and emerging economies to help China navigate what it said was likely to be a "bumpy" economic transition, even as it warned that the results of Beijing's rebalancing exercise could be disruptive for the rest of the world.

In a memo ahead of the two-day G-20 summit opening on Sunday in Antalya, Turkey, the IMF also urged global leaders to deal with the accelerating international refugee crisis, which it said has now become a pressing economic issue.