IMF chief economist says China has the tools and space to prevent Evergrande from becoming a systemic crisis

  
  Analysis

IMF Chief Economist Gopinath says following developments regarding Chinese property developer china Evergrande very closely

 

  • downside risks linked to Evergrande could have implications for China’s economic activity and financial stability
  • says China has tools and policy space to prevent the Evergrande situation from turning into a systemic crisis

 

via an interview with Reuters

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