Tags: IMF | China | Market | Bubble

IMF Sees No Serious Risk of China Market Bubble

Tuesday, 26 Jan 2010 12:59 PM

The International Monetary Fund does not see a serious risk of a market bubble in China, a senior IMF official said on Tuesday.

"Asset prices in some specific sectors in some specific regions of China may be frothy but there is certainly no widespread asset bubble," Jorg Decressin, chief of the IMF's world economic studies division, told a news conference.

Earlier, the IMF said in its updated Global Financial Stability Report that the rise in asset prices in some emerging market countries could not yet be considered excessive and widespread.


© 2017 Thomson/Reuters. All rights reserved.

   
1Like our page
2Share
StreetTalk
The International Monetary Fund does not see a serious risk of a market bubble in China, a senior IMF official said on Tuesday. Asset prices in some specific sectors in some specific regions of China may be frothy but there is certainly no widespread asset bubble, Jorg...
IMF,China,Market,Bubble
90
2010-59-26
Tuesday, 26 Jan 2010 12:59 PM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved