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China's Trade Policies In Crosshairs At Recent IMF Meetings - Globalization Agenda Left Behind

davfordavfor
edited October 2018 in The OT Bullpen
This article provides an interesting take on how China was being viewed at the recent IMF meetings....
“I think there is a broad view growing in the West that China has in some ways taken advantage of the system,” said Charles Dallara, former head of the Institute of International Finance, who attended the meetings. “It reminds me of the view in the West of Japan in the 1980s, very much so.”
IMF managing director Christine Lagarde this week laid out what needed to be done. “This means looking at the distortionary effects of state subsidies, improving the enforcement of intellectual property rights, and taking steps to ensure effective competition - to avoid the excesses of market-dominant positions,”
U.S. Treasury Secretary Steven Mnuchin...“This is not a coalition to pressure China. This is a coalition of like-minded people who have very similar issues as it relates to China,”
https://reuters.com/article/us-imf-worldbank-china-analysis/at-imf-meetings-chinas-globalization-agenda-left-behind-in-trade-debate-idUSKCN1MO0HF
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