IMF's Lipton Says It's Time for China to Address Trade Concerns
- U.S. ‘not alone’ in raising doubts about China policy: Lipton
- Chinese acknowledge they need to take action, IMF No. 2 says
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The Chinese government needs to take steps to address global concerns about the nation’s trade policies, said a top official at the International Monetary Fund.
“The U.S. is not alone in being concerned about Chinese trade practices,” IMF First Deputy Managing Director David Lipton said Tuesday in an interview on Bloomberg Television. Senior Chinese officials “acknowledge that some of their practices” need to be addressed, he said.