By Andrea Shalal
WASHINGTON, Dec 4 (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva will visit China next week as the global lender completes a regular review of the Chinese economy, the IMF said on Thursday.
Georgieva’s new deputy, Dan Katz, was in China this week for discussions under the review, which began December 1 and ends on December 10, IMF spokeswoman Julie Kozack told reporters at a regular press briefing.
She said Katz was now in Japan, where he was having bilateral meetings with authorities.
Kozack said Georgieva would participate in a news conference in Beijing on December 10 to share the preliminary findings of its annual review, or Article IV audit, of the Chinese economy.
The most recent “Article IV” review of China’s economic policies was published in August 2024, leaving Beijing overdue for a visit from IMF officials to go over the books.
Chinese and U.S. negotiators are working on a trade deal which analysts say could influence Chinese economic growth for years to come.
Kozack declined to give any details about the IMF’s view of the Chinese economy, but said the global lender was encouraged that the United States and China had been engaging in substantive discussions to resolve trade tensions.
China’s export-oriented economy has struggled to gain momentum since U.S.
President Donald Trump took office in January, with economists estimating his tariffs have reduced the world’s second-largest economy’s export growth by about 2 percentage points or roughly 0.3% of gross domestic product.
Kozack said the IMF estimated that the U.S.
statutory effective tariff rate was between 16% and 18%, and the effective rate – the revenue that’s actually collected – was now around 10%, far higher than a year ago.
(Reporting by Andrea Shalal; Editing by Andrew Heavens)
