News & Insights Across Asia
IMF Managing Director Kristalina Georgieva praises China’s shift to high-quality development during the “1+10” Dialogue in Beijing, highlighting the government’s commitment to reform and sustainable prosperity.
IMF warns of alarming global debt levels, urging higher taxation. Despite U.S. debt at 124% of GDP, candidates Trump and Harris pledge tax cuts.
Despite receding inflation and better-than-expected growth, IMF and World Bank leaders warn that geopolitical risks threaten global economic stability.
The IMF has raised China’s 2024 economic growth forecast to 5%, citing a rebound in private consumption and strong exports, highlighting China’s pivotal role in global economic recovery.
International organizations like the IMF and World Bank have raised their forecasts for China’s economic growth in 2024, expressing optimism about the country’s robust economic prospects.
IMF’s Kristalina Georgieva emphasizes the world is at a ‘critical moment’ at the Lujiazui Forum, urging nations to work together to shape how this decade will be remembered.
The IMF has inaugurated a regional center in Shanghai, reflecting Asia-Pacific’s rising economic influence and enhancing collaboration with regional economies on financial stability and sustainable growth.
The IMF announced the establishment of a new regional center in Shanghai at the Lujiazui Forum, aiming to strengthen collaboration and support economic growth in the Asia-Pacific region.
The IMF has raised China’s 2024 economic growth forecast to 5%, highlighting strong first-quarter data and policy measures. The upward revision signals confidence in China’s economic trajectory.
IMF Managing Director Kristalina Georgieva highlights China’s shift to high-quality economic growth, emphasizing the role of ‘new quality productive forces’ in driving the nation’s economic transformation.
IMF Managing Director Kristalina Georgieva praises China’s development model for its positive impact worldwide, highlighting its role in improving well-being in countries like Ethiopia.
IMF Managing Director Kristalina Georgieva praises China’s long-term vision and contributions to global economic resilience, highlighting opportunities in green and digital transformations.
The IMF warns that the substantial U.S. fiscal deficit poses a significant risk to the global economy, urging action to address the imbalance between spending and revenue.
IMF Chief Economist Pierre-Olivier Gourinchas cautions that trade-restrictive measures may distort trade against the countries that implement them.
IMF projects slow but steady global growth in its World Economic Outlook, highlighting cautious optimism amid geopolitical tensions and the need for collaborative solutions.
Kristalina Georgieva has been reappointed for a second term as Managing Director of the IMF, signaling continuity and stability that could significantly impact Asia’s economic landscape.
Chinese Vice Premier He Lifeng met with IMF Managing Director Kristalina Georgieva in Beijing to discuss major international economic and financial issues, aiming to promote global economic stability and growth.
The IMF is investigating a cybersecurity incident detected on February 16, 2024, where eleven email accounts were compromised and have since been re-secured.
The IMF reports China’s economy rebounded in 2023, achieving a 5% GDP growth aligned with targets, driven by strong domestic demand and supportive policies.
Experts urge the IMF to adjust its governance structures to better represent the significant changes in the global economy, especially the rise of emerging markets in Asia, over the past decade.