International Monetary Fund Managing Director Christine Lagarde: capital outflows from China pose risks to the global economy

Market news

26 February 2016

International Monetary Fund Managing Director Christine Lagarde: capital outflows from China pose risks to the global economy

International Monetary Fund (IMF) Managing Director Christine Lagarde said at the G20 summit on Friday that capital outflows from China pose risks to the global economy.

IMF expects the Chinese economy to expand 6.3% in 2016.

She noted that risks to the global economy increased.

Lagarde also said that government should implement structural reforms.

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