China urges IMF to monitor fiscal risks
PBOC Governor Pan Gongsheng urged the IMF to boost surveillance of fiscal risks in major economies. He spoke at the IMF meetings in Bangkok amid a global bond market rout.
China's central bank governor backed closer International Monetary Fund surveillance of advanced economy fiscal risks on Saturday morning. Pan Gongsheng addressed the International Monetary and Financial Committee in Bangkok amid a global bond rout. The call highlights Beijing's push for multilateral oversight as soaring borrowing costs strain markets.
