GPS News
TRADE WARS
IMF chief to visit China on Wednesday
IMF chief to visit China on Wednesday
by AFP Staff Writers
Beijing (AFP) Aug 29, 2023

International Monetary Fund chief Kristalina Georgieva will visit China Wednesday ahead of scheduled stops in two other Asian countries, a spokesperson said.

"During August 30 to September 3, the Managing Director will be visiting China to engage in bilateral discussions with China's senior leadership team," the IMF spokesperson said on Tuesday.

During a visit to Beijing earlier this year, Georgieva said that she expected 2023 to be "another challenging year", and that uncertainty was "exceptionally high".

The IMF chief urged China's policymakers in March to seek to raise productivity and rebalance the economy away from investment and towards more durable consumption-driven growth.

The IMF forecasts 5.2-percent growth in China's GDP this year.

Last month, the IMF slightly upgraded its outlook for world growth this year on the back of resilient service sector activity in the first quarter and a strong labour market.

"The global economy continues to gradually recover from the pandemic and Russia's invasion of Ukraine. But it is not yet out of the woods," IMF Chief Economist Pierre-Olivier Gourinchas said at the time.

After visiting China, Georgieva will proceed to the Indonesian capital Jakarta from September 4 to 7 for a gathering of leaders of regional bloc ASEAN.

She will then head to New Delhi, India, from September 8 to 10 to attend a G20 summit.

Related Links
Global Trade News

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
TRADE WARS
Markets build on global rally ahead of key US data
Hong Kong (AFP) Aug 29, 2023
Traders extended a global rally Tuesday ahead of US data this week that could be key to the Federal Reserve's decision-making on interest rates. Hong Kong and Shanghai enjoyed big gains following fresh promises of help for China's economy, but worries about the outlook continue to dampen sentiment, with authorities facing growing calls for bigger stimulus to revive growth. After a painful August on trading floors, investors have enjoyed a positive start to this week, with Federal Reserve boss Je ... read more

TRADE WARS
French grape-pickers wilt as 'heat dome' temperatures top 40C

Hong Kong to curb some Japan food imports over Fukushima water release

Three charged over theft of lambs from farm on UK royal estate

High heat can serve up food insecurity within days

TRADE WARS
Scientists develop fermionic quantum processor

DNA chips as storage media of the future: What challenges need to be overcome

Chip giant Nvidia rides AI wave as profits soar

British chip champion Arm files to go public in US

TRADE WARS
11 hospitalized as flight hits turbulence en route to Atlanta

Barnacles could provide clues about the fate of flight MH370

France calls for minimum price on European flights

US approves sale to upgrade Taiwan warjets' air tracking

TRADE WARS
China EV giant XPeng to buy rival for more than $740 million

Chinese electric carmaker BYD triples half-year profit

London businesses weary as vehicle pollution toll zone expands

London vehicle pollution toll zone expands despite controversy

TRADE WARS
US commerce secretary meets Chinese counterpart in Beijing

China developer Evergrande posts losses for first half of the year

Markets mostly down ahead of key US inflation report

Drought-hit Panama Canal to restrict access for one year

TRADE WARS
Voluntary deforestation carbon credits failing: study

Tropical forests nearing critical temperatures thresholds

Canada to challenge latest US duties on softwood lumber

Illegal logging turns Syria's forests into 'barren land'

TRADE WARS
Infospectrum expands Spire Global contract to enhance vessel-tracking capabilities

Scientists zoom in on the Asian monsoon season using satellite data

Land Surveyor 4A satellite enters preset orbit

Planet Labs secures deal with an Asian Ministry of Foreign Affairs

TRADE WARS
World Nano Foundation highlights nanotech's role in space materials science

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.