TOKYO (AFX-ASIA) – The International Monetary Fund has downplayed the possible negative impact of a Chinese economic slowdown and a spike in oil prices on global growth, saying China’s share of world output and trade is relatively small. Raghuram Rajan, director of research at the International Monetary Fund, estimated that a slowdown in the Chinese…
CHINA: IMF downplays impact of China slowdown, higher oil prices on global growth
Posted on June 1, 2004 by EnergyAsia