IMF’s Georgieva: China Must Shift Away from Export-Driven Growth

In a recent interview, IMF Managing Director Kristalina Georgieva discussed the urgent need for China to transition from its longstanding export-driven economic model to a more consumer-driven approach. As China’s economy has expanded, relying predominantly on exports has become increasingly impractical, and failure to adapt could result in growth rates sinking below 4% in the...