Source link : https://www.mondialnews.com/2026/04/14/imf-chief-economist-calls-on-china-to-rethink-its-export-dependent-strategy/
The International Monetary Fund’s chief economist has called on China to curb its heavy reliance on exports as a key driver of economic growth. Speaking to Reuters, the IMF official emphasized that reducing dependence on external demand is crucial for China to achieve more balanced and sustainable development amid shifting global trade dynamics. The remarks come at a time when Beijing faces mounting challenges in navigating global economic uncertainties and efforts to stimulate domestic consumption.
IMF Chief Economist Highlights Risks of China’s Export Reliance
China’s heavy reliance on exports poses significant vulnerabilities to its economic stability, according to the International Monetary Fund’s Chief Economist. The IMF highlights that persistent dependency on external demand exposes the nation to global market fluctuations, trade tensions, and shifting international policies. This economic model, while having driven rapid growth over the past decades, now requires recalibration towards more sustainable and internally driven sources of growth.
The economist emphasized the urgency for Beijing to diversify its economic structure by:
- Boosting domestic consumption and service industries
- Encouraging innovation and technological advancements
- Reducing vulnerability to geopolitical uncertainties
These measures are viewed as essential steps to ensure long-term economic resilience and to mitigate risks associated with global trade dependencies.
Calls for…
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Author : Ethan Riley
Publish date : 2026-04-14 14:40:00
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