Role of China in global slowdown bigger than thought, says IMF
Country's share of global imports rose from 3% in 2000 to about 10% in 2015
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Tokyo
CHINA'S "rebalancing" has been a much bigger factor behind the prolonged weakness in the global economy than has been generally realised, the International Monetary Fund (IMF) said on Tuesday in a report casting fresh light on the globally important role of the world's second largest economy.
The new analysis contained in the IMF's latest World Economic Outlook (WEO) - parts of which were released in advance of the full report - comes as policymakers prepare to debate the global slowdown during next week's annual meetings of the IMF and the World Bank in Washington.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Middle East-linked energy supply shocks put Asean Power Grid back in focus