David Lipton met with China’s Vice Premier Ma Kai in Beijing on Monday. Photo: Xinhua

IMF official urges China to take urgent action to address ‘rising vulnerabilities’

David Lipton wants China to slow credit growth substantially to lower debt burden and calls for greater flexibility in yuan’s exchange rate

Topic |   China economy

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David Lipton met with China’s Vice Premier Ma Kai in Beijing on Monday. Photo: Xinhua
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