Sunday, March 22, 2015

Christine Lagarde sees advantages in the growth slowdown … – publico

                 


                         
                     

                 

 
                         

The general director of the International Monetary Fund, Christine Lagarde, said Sunday in Beijing that China’s growth cooling contributes to the global economic and financial stability and sustainability of the environment

                     


                          Christine Lagarde, who is in China after visiting India, speaking at the China Development Forum, a gathering of economists, political leaders and entrepreneurs who analyze the future of the second world economy.

“As China surf the ‘new normal’ of its economy, contributes more to global common good: the economic and financial stability, environmental sustainability and a multilateral approach to press the global challenges face, “he said.

On the other hand, Christine Lagarde again stressed, as had been done in Shanghai, the Chinese Government keep the way of structural reforms.

” These reforms will lead to slower growth, safer and more sustainable. It is good for China and good for the world. Their fates are intertwined, “he insisted.

Christine Lagarde applauded the” impressive efforts “of Beijing in the fight against corruption, the fight against pollution and its participation in multilateral dialogue, stressing that China “knows that no one succeeds alone.”

The Chinese economy grew 7.4% in 2014, one rate three tenths lower than in 2013 and was the lowest since 1990.

 
                     
                 

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