IMF chief urges China to adopt pro-market reforms
Comprehensive reforms could add $3.5 trillion to economy over next 15 years, Georgieva says
The head of the International Monetary Fund, Kristalina Georgieva, has called on Chinese policy-makers to introduce pro-market reforms to power China’s slowing economic growth.
“China faces a fork in the road – rely on the policies that have worked in the past, or reinvent itself for a new era of high-quality growth,” Georgieva said at the China Development Forum held in Beijing on March 24.
Georgieva said low productivity growth and an aging population are affecting China’s growth prospects, but
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