WASHINGTON: China’s economic growth is important for both Chinese and global financial stability at a time when the global financial system is showing considerable strains, says an International Monetary Fund (IMF) official.
“I think growth is a crucial recipe for financial stability. There cannot be financial stability without growth, it’s a super important point to make,” Fabio Natalucci, deputy director of the monetary and capital markets department at the IMF, told Xinhua.
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