IMF chief warns that world risks falling into slow-growth rut and urges China to enact reforms
AP Economics Writer
WASHINGTON (AP) — The world economy, buffeted by conflict and growing geopolitical rivalries, is in danger of getting stuck in a slow-growth, high-debt rut, the head of the International Monetary Fund warned Thursday. She also urged Chinese leaders to take more decisive action to jump-start their country’s sluggish economy or risk seeing economic growth plummet. “These are anxious times,’’ the fund’s managing director, Kristalina Georgieva, told reporters during the fall meetings of the IMF and its sister agency, the World Bank.