IMF MD Kristalina Georgieva suggests China could see a 20% real economy expansion over 15 years with pro-market reforms, potentially adding $3.5T to its economy.
IMF Managing Director Kristalina Georgieva has suggested China could see a 20% real economy expansion over the next 15 years by implementing pro-market reforms, including actions to improve property sector sustainability, reduce debt risks, and boost domestic consumption. These potential reforms, if successfully implemented, could add $3.5 trillion to China's economy, according to Georgieva.
March 24, 2024
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