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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


Press Line on today's release of COFER Survey, IMF spokesman Gerry Rice, September 30, 2015

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. click for more

IMF press line on PBC's Announcement on the change to the RMB fixing mechanism, August 11, 2015

In response to media queries about the People’s Bank of China’s announcement on the Change to the Renminbi exchange rate fixing mechanism, the following can be attributed to an IMF spokesperson click for more

Working Paper: Understanding Residential Real Estate in China

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 click for more

Third Joint Conference by the People’s Bank of China (PBC) and the IMF

Financial Liberalization, Innovation, and Stability: International Experience and Relevance for China; March 16, 2015 click for more

Keynote speech at the MERCER 2014 Asia HR Roundtable

By Raphael Lam, IMF's Resident Representative in China click for more

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China and the IMF

Debt Equity Conversions and NPL Securitization in China : Some Initial Considerations

April 26, 2016
Author/Editor: James Daniel ; Jose M Garrido ; Marina Moretti
Series: Technical Notes and Manuals No. 2016/5
 click for more

Transcript of G-24 Press Briefing

April 16, 2016

Transcript of Asia and Pacific Department Press Briefing

April 14, 2016

Transcript: Press Briefing of the Managing Director

April 14, 2016

Transcript of the Press Conference on the Release of the April 2016 Global Financial Stability Report

April 13, 2016

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Regional Economic Outlook: Asia and Pacific

image from the publication cover

While Asia's growth has recently disappointed, the region is expected to grow at a steady 5.4 percent in 2015-16, remaining the global growth leader. Asia's growth should benefit from relatively strong labor markets and disposable income growth along with the ongoing gradual recovery in major advanced economies. Across most major Asian economies, lower commodity prices should help consumption. Negative risks to growth dominate, especially the possibility of a sharper slowdown in China or larger spillovers from the changing composition of China's demand. In addition, further U.S. dollar strength accompanied by a sudden tightening of global financial conditions, weaker growth in Japan, and weaker regional potential growth could also dim Asia's growth prospects. High leverage could amplify shocks, and lower commodity prices will also hurt corporate investment in key commodity-producing sectors. All in all, despite its resilient outlook, Asia is facing a challenging economic environment. This calls for carefully calibrated macroeconomic policies and a renewed impetus on structural reforms to facilitate investment and improve economic efficiency, bolstering economic resilience and potential growth. Click for more

Resident Representative Office in People's Republic of China

Alfred Schipke, Senior Resident Representative
W. Raphael Lam, Deputy Resident Representative

Room 1806, East Tower, Twin Towers
No. B12, Jianguomenwai Avenue
Beijing 100022, P.R. China
Off. email: RR-CHN@IMF.ORG
Telephone: +86 10 6505 1155
Fax: +86 10 6505 8580

CCTV Interview with Alfred Schipke, October 28, 2015

Video: APD Regional Economic Outlook Press Briefing, October 10, 2015