China focuses on managing inflation

China focuses on managing inflation

Yi Gang, vice governor of the People’s Bank of China, made a speech at the last day of the International Monetary Fund and the World Bank annual meeting Sunday here to explain the monetary policy of China. Yi stressed that the most important job for central bank is to control inflation. China is developing dramatically, […]

Wang Qishan Meets with IMF managing director Lagarde

Wang Qishan Meets with IMF managing director Lagarde

Mar 17, Vice Premier Wang Qishan met with IMF Managing Director Christine Lagarde in Beijing. This is the second visit of Lagarde in four months. The two sides exchanged views on the world economic and financial situation, debt problems in Europe and IMF reform issues. Lagarde’s visit to China starts from March 17 to 18. […]

China is not immune to financial crisis, warns IMF

China is not immune to financial crisis, warns IMF

The Chinese financial system is not immune to financial crisis. This is the message from the report published by the International Monetary Fund (IMF) on the financial stability of the world second economy. The authors estimate that a decline in the housing market would not bring down the financial infrastructure of China, but the risks […]

Lagarde Appointed Zhu Min to Deputy Managing Director of IMF

Lagarde Appointed Zhu Min to Deputy Managing Director of IMF

Tuesday Christine Lagarde appointed Zhu Min to a newly created deputy managing director post. A sign of recognition of the growing importance of China in the global economy. Zhu Min was special adviser to Dominique Strauss-Kahn’s predecessor Christine Lagarde. His promotion is a sign of the willingness expressed by the new boss of the IMF […]

Lagarde Will Give China a Senior Position in IMF

Lagarde Will Give China a Senior Position in IMF

China is about to get a senior position at International Monetary Fund, it was learned Wednesday from sources close to the matter, while Christine Lagarde, the new boss of the IMF, has pledged to give more power to emerging countries. According to sources at the IMF, China’s Zhu Min (朱民), who was deputy governor of […]