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IMF warns against China’s growing credit system
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IMF warns against China’s growing credit system

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The IMF has warned that growing credit level of China poses danger to international market.

In its latest report, the IMF indicates that the increase credit could market economic slowdown.

IMF strongly suggest to China to begin to deflate its credit market.

China has taken the lead in major international transactions while backing many infrastructural projects in Asia and Africa.

 

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