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IMF chief urges China to boost growth with ‘pro-market reforms’ – Times of India

newsguru.info24 March 202404 mins

[ad_1] BEIJING: The head of the International Monetary Fund on Sunday called on China to implement “a comprehensive package of pro-market reforms” to boost a sluggish economy beset by a housing market crisis, low domestic demand and persistently high youth unemployment. Chinese policymakers have so far resisted calls to juice the economy through massive government…

Business

China must do more to lift employment, stabilise housing market: Officials – Times of India

newsguru.info9 March 202403 mins

[ad_1] BEIJING: China needs to do more to boost employment and stabilise its property market, top officials acknowledged on Saturday, as policymakers struggle to revive the country’s battered economy.Beijing is grappling with a prolonged property sector crisis, record youth unemployment and a global slowdown hammering demand for Chinese goods.Youth unemployment hit an unprecedented 21.3 percent…