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China economy to grow 8.2% in 2012: IMF

17 Apr 2012

WASHINGTON - The International Monetary Fund (IMF) on Tuesday said that China's economy is expected to grow by 8.2 percent this year, signaling a soft landing even with the drag from external demand.

China growth estimate for 2012 cut to 8.25%

06 Feb 2012

BEIJING - The International Monetary Fund (IMF) has cut its forecast for China's 2012 economic growth to 8.25 percent from the 9 percent projected in September, and it warned that exports would be a significant drag on expansion in the coming two years.

China's financial system is healthy: IMF

16 Nov 2011

BEIJING - There are vulnerabilities in the financial sector, though the financial system is sound overall, the International Monetary Fund (IMF) said in a report released on Tuesday, as it called for further reforms.

Head of IMF urges greater role for yuan

14 Feb 2011

The Managing Director of the International Monetary Fund, Dominique Strauss-Kahn, said on Thursday that the Chinese yuan should be given a greater role within a restructured international monetary system.

Currency tensions to continue

13 Oct 2010

Stronger yuan not panacea for global economic imbalances

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Editors' Picks

Imboh Chair by Joe Velluto

Imboh chair by Itlian designer Joe Velluto is a modular furniture unit. the chair has a upholstered base which can be equipped with backrest, table and arm. The Imboh is easily customisable and built with sustainable materials (fabrics and wood). The padding is made of jute, flax, cotton and coconut fibers.

CSIL FORECASTS FOR ITALY AND THE WORLD

According to the 30th edition of the ‘Forecast Report on the Furniture Sector in Italy’, 2013 will be another difficult year for Italian sector operators, after a tremendous 2012. The growth in international trade and the recession in Italy translate into a contraction in furniture production of 3% at constant prices, resulting from a foreign demand being limited by the performance of Italy’s principal trading partners and of the continuing weakness of domestic consumption (-6%), which was affected by the trends in employment and disposable income and by the prudent attitude of families towards the economic situation.

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