International Monetary Fund MD Kristalina Georgieva. Picture: REUTERS/JASON LEE
“I think what we need to start getting more comfortable with is, that may not be the last shock,” she said, noting that she stopped viewing inflation as a “transitory” one-time shock when the Omicron Covid-19 outbreak took hold late in 2021. She said she was “actually not too worried” about China’s economy because the Beijing government has fiscal and monetary policy space to support growth.
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