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IMF chief to travel to Asia

Newhalen : AK : USA | 14 days ago  
Views: 43
  • International Monetary Fund Asia Pacific Director Singh speaks during the Asia and Pacific Regional Economic Outlook conference in Seoul
    International Monetary Fund Asia Pacific Director Singh speaks during ...
    Source: Reuters
  • To match feature ASIA-MARKETING/
    To match feature ASIA-MARKETING/
    Source: Reuters
International Monetary Fund Asia Pacific Director Singh speaks during ...

WASHINGTON: International Monetary Fund Chief Dominique Strauss-Kahn will visit Asia this month and meet with Chinese officials to discuss the global economic recovery, an IMF official said.

The IMF managing director will arrive first in Singapore, where he is to deliver the 2009 Monetary Authority of Singapore lecture on November 13 on "the role of Asia in reshaping the global economy," she said. Strauss-Kahn will visit China on November 16-17.

He will meet in Beijing with Chinese authorities to discuss "the international policy response to the crisis and prospects going forward and the role of Asia," she said.

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    Dominique Strauss-Kahn, IMF managing director, said in a statement that he “strongly welcomed” the sale. “This transaction is an important step toward achieving the objectives of the IMF's limited gold sales program, which are to help put the
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    Policy makers are trying to avoid a repeat of the last expansion when U.S. consumers relied on borrowing from abroad to finance their purchases, contributing to an export boom from Asia. ... Under the proposal, “countries give us their forecasts,
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Posted By ahol888 ahol888 | 13 days ago
Notice that China is now the key to recovery because they loaned billions to the USA. The world should be fortunate that China has never figured out how to become a superpower because they have the resources and the manpower to do so, yet they lack strategy.
Reported by arslannomercy

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