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.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
