China Resident Representative Site
Resident Representative Office in People's Republic of China
This web page presents information about the work of the IMF in China, including the activities of the IMF Resident Representative Office. Additional information can be found on the China and IMF country page, including IMF reports and Executive Board documents that deal with China.
News — Highlights
The IMF has released today the quarterly data on the currency composition of official foreign exchange reserves (COFER) for Q2 2015. We commend the many jurisdictions that have voluntarily agreed to have their names listed as COFER participants. As set out in the publication, I can confirm China’s participation in the COFER survey in keeping with international best practices.
China’s residential real estate sector plays an important role in the economy and has been a key driver of growth. Since 2014 the sector has softened visibly, reflecting overbuilding across many cities. An orderly adjustment of the sector is welcome. The key questions are how severe the adjustment will be and how long it will last
China and the IMF
Spillovers from China onto Sub-Saharan Africa : Insights from the Flexible System of Global Models (FSGM)
Transcript of the Press Conference on the Release of the Analytical Chapters of the October 2015 World Economic Outlook
Monetary Policy Transmission in Emerging Asia : The Role of Banks and the Effects of Financial Globalization
Regional Economic Outlook: Asia and Pacific
The economic outlook for Asia and Pacific is stable and robust, with growth expected to hold steady at 5.6 percent in 2015, easing slightly to 5.5 percent in 2016, according to the latest Regional Economic Outlook for Asia and Pacific, published on May 7, 2015.
Although Asia will remain the global growth leader, vulnerabilities associated with increased domestic and foreign debt are rising. Potential growth is likely to slow, reflecting weaker productivity gains, and the effects of aging populations and infrastructure bottlenecks in some countries.
The report finds that monetary and fiscal policy settings are broadly appropriate, but boosting resilience and potential growth remain top priorities, with structural reforms continuing to play a big role. The report also explores Asia's role in global value chains and the factors affecting financial integration within Asia.