Chinese Premier Li Keqiang on Friday called on world leaders to step up macroeconomic policy coordination, after meeting the heads of the International Monetary Fund, the World Bank, and other senior global economic officials. The IMF cut its global growth forecasts for the next two years on Tuesday. The premier also addressed concerns that China is promoting its exports through aggressive policy support with the yuan weakening against the dollar. China's Premier Li Keqiang (C) speaks at the 1+6 Roundtable on promoting growth in the Chinese and global economies at the Diaoyutai State Guesthouse in Beijing, China, July 22, 2016. But steadier headline growth in China are accompanied by other signs of economic imbalance.

Source: Thanhnien News July 22, 2016 05:48 UTC