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The IMF said about the danger of capital flight from China to the world economy

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The IMF said about the danger of capital flight from China to the world economy

Post by Admin on Thu Feb 25, 2016 11:22 pm

Director of the International Monetary Fund (IMF), Christine Lagarde, said that the significant capital outflows from China amid slowing growth of the economy poses risks for the global economy, according to RNS.

A statement she had made at the opening meeting of central bank governors and finance ministers in Shanghai, which takes place on the eve of the two-day meeting of "twenty".

Lagarde also made a forecast for growth of the Chinese economy: it is believed that the Chinese GDP will increase by 6.3%.

glavcom.ua In Russian

This isn't good for the US, as their economies are joined at the hip. Neither country can do without the other's trade.

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