IMF’s Georgieva: A more prolonged slowdown in China will have global spill over impact

International Monetary Fund (IMF) Managing Director Kristalina Georgieva warned about the negative impact of a prolonged Chinese slowdown on the global economy, in a video speech to the annual Boao Forum for Asia on Thursday.

Key quotes

“A more prolonged slowdown in China will have a global spillover impact.”

“Central banks should act decisively and communicate clearly.”

“China has policy space to support the economy.”