中國

BEIJING CAN LAUNCH NEW STIMULUS, SAYS IMF

China has room to launch another stimulus aimed at increasing domestic consumption and swinging the economy away from its dependence on exports, the International Monetary Fund said on Wednesday.

The report came even as the World Trade Organisation said China was set to overtake Germany as the largest goods exporter this year, underlining what many economists see as the need for China to export less and consume more.

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