IMF's Rodlauer: China Must Sustain Financial Supervision

The transcript discusses China's efforts to ensure economic stability by 2022, focusing on financial supervision and credit growth control. It highlights the need for sustained financial supervision and the importance of finding new growth sources in the private sector. The discussion includes projections of economic growth and the potential impact of credit curtailment. The transcript also addresses the challenges of redirecting growth policies and overcoming vested interests in the public sector.

What is the primary concern of China's senior leadership regarding the economy?

• Reducing export dependency

• Financial stability and risks

• Increasing public investment

• Expanding state control

What is one of the key challenges China faces in sustaining economic growth?

• Increasing public debt

• Finding new growth sources

• Reducing foreign investments

• Expanding the public sector

What is the expected initial impact on China's economy if financial tightening is implemented?

• Stable growth rates

• Increased public investment

• Initial economic slowdown

• Rapid economic growth

What is necessary for China to achieve medium-term growth according to the transcript?

• Maintaining current growth strategies

• Opening up new sectors like health

• Reducing private sector involvement

• Increased public sector control

What is a potential obstacle to redirecting growth in China?

• Lack of foreign investment

• Vested interests in the public sector

• Insufficient state control

• Over-reliance on technology