{
  "id": 14640756,
  "title": "IMF urges China to deploy bigger fiscal stimulus",
  "url": "https://urgent.news/2026/10/15/imf-urges-china-to-deploy-bigger-fiscal-stimulus",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-15T05:00:00.000Z",
  "source": {
    "name": "Straits Times Business",
    "slug": "straits-times-business",
    "url": "https://www.straitstimes.com/business/imf-urges-china-to-deploy-bigger-fiscal-stimulus"
  },
  "original_language": "en",
  "account": "China needs to implement a more substantial fiscal stimulus as its economy approaches the threat of deflation, cautioned a high-ranking International Monetary Fund (IMF) official on October 15. Krishna Srinivasan, the director of the IMF’s Asia and Pacific Department, made these remarks during a press conference. While the IMF acknowledged the fiscal support provided to China, they deemed it insufficient in size and scope. The IMF’s World Economic Outlook (WEO) predicts China’s economic growth will decelerate to 4.5% in 2026 from 5% in 2025 due to weak domestic demand. This slowdown is expected to continue to 4% in 2027. Srinivasan noted that most of China’s growth is driven by external demand, and thus the rebalancing efforts have not taken effect as anticipated. He emphasized the need for more fiscal stimulus in the near term to prevent the economy from deflating, advocating for measures to boost prices in an economy \"teetering on deflation.\" Furthermore, Srinivasan highlighted that China's property crisis has persisted for too long and reiterated the IMF’s proposal for policies to revitalize the real estate sector, such as boosting household confidence and establishing social safety nets.",
  "summary": "The IMF expects China's growth to slow from 5% in 2025 to 4.5% in 2026, then 4% in 2027.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}