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25-03-2024, 09:17 PM
China has two choices right now: return to its old economic policies, or choose reforms to spur growth, according to the International Monetary Fund’s Managing Director Kristalina Georgieva.
“China is poised to face a fork in the road — rely on the policies that have worked in the past, or update its policies for a new era of high-quality growth,” Georgieva said Sunday at the China Development Forum in Beijing.
“With a comprehensive package of pro-market reforms, China could grow considerably faster than a status quo scenario,” she said, according to prepared remarks by the IMF.
https://www.cnbc.com/2024/03/25/china-fa...forum.html
“China is poised to face a fork in the road — rely on the policies that have worked in the past, or update its policies for a new era of high-quality growth,” Georgieva said Sunday at the China Development Forum in Beijing.
“With a comprehensive package of pro-market reforms, China could grow considerably faster than a status quo scenario,” she said, according to prepared remarks by the IMF.
https://www.cnbc.com/2024/03/25/china-fa...forum.html
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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