WNA Globe

World News by Wild Rose

#trade restrictions ร—

China presses IMF for quota reform, better surveillance of advanced economies

Chinaโ€™s central bank chief has urged the IMF to serve as a bulwark against โ€œrising unilateralismโ€, at a time when escalating trade restrictions and an intensified Middle East conflict threaten energy and food security. The International Monetary Fund should โ€œtake a clear stand against protectionism and defend multilateralismโ€, Peopleโ€™s Bank of China governor Pan Gongsheng said in a statement to the fundโ€™s International Monetary and Financial Committee, for its 53rd meeting, held on Thursday and...