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IMF warns about China’s growing vulnerabilities

The International Monetary Fund has urged China to implement reforms to achieve its economic transition and warned about growing vulnerabilities in its economy. The remarks were made by IMF First Deputy Managing Director David Lipton on Tuesday after his meeting with Chinese officials as part of the fund’s annual review of the country’s economy. Lipton said while near-term growth is still supported by recent policies, there are few buffers to deal with any shocks.

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