BEIJING, China—The head of the International Monetary Fund (IMF) on Monday praised “productive and substantive” talks with top officials in
The IMF warned in July that the overall global economic recovery from the pandemic was slowing, despite slightly upgrading its outlook for world growth this year.
However, growth in the Asian nation has stuttered in recent months as weak consumer demand, high youth unemployment and a crisis in the crucial property sector have chipped away at an already lukewarm post-Covid rebound. The group spoke about the “status of the world economy and on the developments here in China”, Georgieva said in a video posted on X, the social media platform previously known as Twitter.
“In a world where so many countries are vulnerable to the impact of the Covid and war shocks, it is critical that the IMF has the financial strength to help them,” she said.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Be 'good citizens', Pope tells Chinese Catholics during Mongolia visitULAANBAATAR, Mongolia -- Pope Francis on Sunday told Catholics in China to be 'good Christians and good citizens', using his visit to Mongolia to help ease tensions between the Vatican and Beijing.
Read more »
US trade chief: Talking to China is no 'sign of weakness'WASHINGTON, United States -- Holding talks with Beijing officials is not a sign of weakness by Washington, the US commerce secretary said Sunday, adding that not talking can lead to greater tensions and misunderstanding.
Read more »
Xi will skip G-20 summit in India as bilateral relations remain icyBEIJING—Chinese President Xi Jinping is apparently skipping this week’s Group of 20 summit in India as bilateral relations remain icy. Instead, Premier Li Qiang will represent China at the Sept. 9-10 gathering, the Foreign Ministry said Monday in a one sentence notice on its website. Relations between China and India…
Read more »
'Clarkson gives Gilas lot of inside courage' — China coach DordevicChina head coach Sasha Dordevic admitted that Jordan Clarkson's level of play and experience practically elevated Gilas Pilipinas in its just-concluded 2023 FIBA World Cup campaign.
Read more »
Pope Francis, in Mongolia, sends apparent message to China on Catholic aims'For this reason, governments and secular institutions have nothing to fear from the Church’s work of evangelization, for she has no political agenda to advance,' the pope says
Read more »
Jordan Clarkson erupts as Gilas ends record of futility with sweet victory over rival ChinaEvery bit of frustration that had built up for the past three losses finally came to an emotional end as Gilas Pilipinas let it all out in the game where only pride and glory were left at stake.
Read more »