The IMF believes in the resilience of the Chinese economy

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The IMF director emphasized: “We support China’s efforts to cope with the epidemic .... We believe the Chinese economy is resilient.“
The IMF believes in the resilience of the Chinese economy
IMF General Director Kristalina Georgieva.

According to Xinhua, General Director of the International Monetary Fund (IMF) Kristalina Georgieva on February 3 expressed support for China’s efforts to cope with new strain of caused by the new strain. ( ), and believes in the resilience of the world’s second largest economy.

In a statement published on two social networks Twitter and Sina Weibo, Ms. Georgieva expressed "deep sympathy for all those affected by the serious situation related to the new corona virus."

"We support China’s efforts to cope with the epidemic, including recent budgetary, monetary and financial actions," the IMF director emphasized. We believe the Chinese economy can recover. "

IMF General Director made the statement in the context of the disease caused by the new strain of corona virus not only claimed hundreds of lives, but also heavily affected the Chinese economy.

CNN quoted economists as saying that China’s growth could drop by 2 percentage points in the first quarter of this year (equivalent to $ 62 billion) due to the outbreak.

To date, Chinese central and local governments have spent $ 12.6 billion on medical equipment and treating people infected with the virus.

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