IMF to Set Up Regional Center in Shanghai
By Jiahui Huang
The International Monetary Fund will set up a regional center in Shanghai to boost research in the Asia-Pacific region.
The new regional center will promote research and provide policy suggestions to emerging markets and middle-income countries, the IMF and the People's Bank of China said Wednesday in a joint statement.
The new center will collaborate with the China-IMF Capacity Development Center, which was formally inaugurated in Beijing by the PBOC and the IMF in 2018.
Write to Jiahui Huang at jiahui.huang@wsj.com
(END) Dow Jones Newswires
June 18, 2024 22:28 ET (02:28 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
Should Emerging-Markets Stocks Stand Alone in Your Portfolio?
-
What’s Happening in the Markets This Week
-
Worst-Performing Stock ETFs of the Quarter
-
Q3 in Review and Q4 2024 Market Outlook
-
Top-Performing Stock ETFs of the Quarter
-
September Jobs Report Forecasts Show Moderate Hiring Gains
-
Port Strike a Headache for Shippers but a Potential Tailwind for Certain US Transport Stocks
-
13 Charts on Q3′s Roller-Coaster Rally for Stocks and Bonds
-
3 Dividend Stocks for October 2024
-
Consumer Defensives: Despite Angst, Thirsty Investors Have Names to Pursue
-
Industrials: Many Stocks Overvalued After Q3 Outperformance
-
Basic Materials: Despite Index Rise, We See Multiple Long-Term Opportunities
-
What the Election Could Mean for Big Tech Stocks
-
3 Lessons From Recent Stock Market Drama
-
Consumer Cyclicals: Even Amid Moderating Consumer Spending, We See Discounts
-
Healthcare: Valuations Look Fair Overall, With Select Industries Still Undervalued