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IMF: China's Rising Spillover Effect On World Economy

2011/9/6 10:18:00 27

IMF World Economic Spillover Effects

country International Monetary Fund (IMF) recently released a report that China's economic impact on the world economy is on the rise, and that the steady growth of China's economy will play a positive role in the world economy. At the same time, China needs to strengthen its reform and transform its economy. Development mode In order to contribute to the strong, balanced and sustainable growth of the world economy.


The International Monetary Fund issued the same day Comprehensive spillover The report makes a comprehensive analysis of the spillover effects of the five major economies of the United States, China, the euro area, the UK and Japan on the world economy. The report analyzes the spillover effects of China's economy on the world economy from many angles, including China's economic growth mode, the RMB exchange rate, and so on. foreign exchange reserve And so on.


The report said that the spillover effect of China's economy is mainly through the real economy. The steady growth of China's economy has positive significance for the world economy, and China's export oriented growth mode also brings certain risks. The report points out that the RMB appreciation itself has limited spillover effects. China is adopting such a reduction. Savings rate With the introduction of more extensive reform measures such as price marketization reform, its positive impact on the world economy will be more significant.
 

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