IMF Urges Beijing to Ready Bold Moves
Wall Street Journal - 4 hours 57 min ago
The International Monetary Fund urged China to run a federal deficit of 2% of GDP rather than looking to reduce the country's deficit as planned, given the uncertainty in the global economy.

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Reuters - China growth could halve if Europe crisis worsens: IMF - 6 hours 54 min ago

BEIJING (Reuters) - China's annual economic growth could be cut nearly in half this year if Europe's debt crisis tips the world economy into a recession, putting pressure on Beijing to unveil "significant" fiscal stimulus, the International Monetary Fund said.

Indiatimes - IMF warns EU downturn could cut China growth - 10 hours 28 min ago

The IMF said Beijing should be ready to launch a multibillion-dollar stimulus to ward off a slump in the world's second-largest economy.

AP - IMF warns Europe downturn could cut China growth - 10 hours 45 min ago

BEIJING (AP) -- A sharp downturn in Europe could cut China's economic growth rate nearly in half, the International Monetary Fund said Monday, adding to warnings about a possible severe global slowdown this year....

BusinessWeek - China May See Deeper Slowdown If Crisis Worsens, IMF Says - 13 hours 31 min ago

China’s economic expansion would be cut almost in half if Europe’s debt crisis worsens, a scenario that would warrant “significant” fiscal stimulus from the nation’s government, the International Monetary Fund said.

Indiatimes - Greece on a 'knife-edge' as bailout deadline nears - 20 hours 59 min ago

Greek prime minister Lucas Papademos summoned political allies to an emergency meeting on Sunday after hours of negotiations with EU-IMF bailout.