Diabytes
David Lipton News
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China`s economic outlook is uncertain with corporate debt and an opaque financial sector contributing to looming vulnerabilities, an International Monetary Fund Official said Tuesday.
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China's corporate debt is a serious and growing problem and the world's second largest economy must take immediate steps to tackle this to avoid new "debt bubble", a top IMF official said on Saturday.
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The International Monetary Fund said on Sunday that its second in command was on a two-day visit to Iran for discussions on economic developments.
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The next managing director of the International Monetary Fund is likely to come from outside Europe when current leader Christine Lagarde eventually leaves, the deputy head of the Washington-based fund said in an interview broadcast on Saturday.
The International Monetary Fund's number two has said he was "impressed" by war-torn Ukraine's plans for economic changes aimed staving off bankruptcy and a foreign debt default.
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