Adam Roseman of ARC Investment Partners wrote an article discussing China’s role in the world’s economy today. According to the International Monetary Fund, China has contributed greatly to the global economy during the financial crisis, and is expected to continue doing so.
IMF’s executive directors explained their belief that “expansionary policies in China during the crisis has played an important role in bolstering global stability and growth, and expected China’s positive externalities to continue, especially for regional economies.” IMF continued, stating that “a major disruption in China’s so-far-steady growth would have material adverse consequences for the rest of the world.”
Nigel Chalk, Senior Advisor at IMF’s Asia and Pacific Department said “Chinese economy will continue to be a ‘bright spot’ in the global growth. We do see the growth is very healthy, and inflation is declining.”