IMF Official Urges China to Expand Fiscal Stimulus
A senior IMF official said China should provide larger fiscal support, describing current measures as limited in size and scope.
China should provide more fiscal stimulus as its economy faces the risk of deflation, a senior International Monetary Fund official said on Thursday. “We welcome the fiscal support China has provided to the economy. But in our view, it is quite limited in size and scope,” Krishna Srinivasan…