Beijing | China’s economy is at a “fork in the road” between choosing between past policies or “pro-market reforms” to unlock growth, IMF managing director Kristalina Georgieva said on Sunday, as calls grow for Beijing to do more to boost domestic demand.
Speaking at China’s flagship international business conference in Beijing, Ms Georgieva said the global economy showed remarkable resilience to shocks, but was headed for growth that was “weak by historical standards” in the medium term as low productivity growth and high debt levels curbed progress.
