China announced Monday that it will contribute $43 billion to the latest round of the $430 billion resources increase to the IMF.
Analysts said the increase, together with commitments made by other G20 members, will enhance IMF's crisis-tackling ability, and increase the voice of the emerging economies in this global financial institution.
Chinese President Hu Jintao addressed the first ses
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Economy - G20: China increases financial support to IMF
Posted by admin 340 days ago (http://www.chinadaily.com.cn)IMF cuts world growth forecast -- Shanghai Daily | 上海日报
Posted by admin 485 days ago (http://www.shanghaidaily.com)
THE eurozone debt crisis is escalating and dragging down the world economy, the International Monetary Fund said on Tuesday, as it sharply cut its outlook for global growth and called for policies to restore confidence.
The IMF chopped its 2012 forecast for global growth to 3.3 percent from 4 percent just three months ago, saying the outlook had deteriorated in most regions. It projected world
The IMF chopped its 2012 forecast for global growth to 3.3 percent from 4 percent just three months ago, saying the outlook had deteriorated in most regions. It projected world
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