China’s Vice Premier Seeks Deeper IMF Partnership to Boost Global Growth
Vice Premier He Lifeng calls for deeper IMF cooperation to support multilateral trade and boost global economic vitality after the launch of the IMF Shanghai Center.
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Vice Premier He Lifeng calls for deeper IMF cooperation to support multilateral trade and boost global economic vitality after the launch of the IMF Shanghai Center.
The IMF raised its forecast for the Chinese mainland’s 2025 GDP growth to 5.0%, citing policy stimulus and export resilience, while warning of property sector, demand and deflationary challenges.
The IMF launched its new Asia-Pacific Regional Center in Shanghai on December 8, 2025, aiming to boost research and dialogue for emerging markets and middle-income countries.
The IMF says the global economy is proving resilient despite U.S.-led tariffs but warns that uncertainty is the new normal and open trade is at risk.
Asia and Pacific growth is powering ahead, led by the Chinese mainland and India, but revised ADB and IMF forecasts warn of trade headwinds and tourism slowdowns.
The IMF has cut Europe’s growth forecast to 0.8% in 2025 and 1.2% in 2026, warning that trade tensions and tighter financial conditions pose risks to the global economy.
New data from the WTO and IMF warn that US tariffs could shrink trade flows, pushing America out of its global lead as imports and growth estimates are revised down.
IMF MD Kristalina Georgieva highlights how policy support from the Chinese mainland is cushioning Asia’s economies against widening trade tensions.
IMF officials urge Asia Pacific nations to deepen regional trade ties to offset the impact of U.S. tariffs, aiming to build supply chain resilience and sustainable growth.
The IMF warns that rising tariffs and market volatility could drive global public debt past 100% of GDP, with worst-case scenarios reaching record highs by 2027.