IMF's Lagarde says global economy better than a year ago but horizon clouded

Author: Mike Paterson | Category: News

IMF MD Lagarde speaking in Beijing after meeting with Premier Li/others

  • global economy in better position now than last 10 years
  • sees incredible rebalancing of China's economy
  • China making critical effort to reign in financial risk

Always good to applaud your hosts

World Bank's Kim:

  • global recovery fragile
  • protectionism is a challenge

Kim, Lagarde and others have been meeting in Beijing with Premier Li and other heads of global organizations.

I reported Li's comments here earlier.

                               IMF's Lagarde - Glass half full