Global market shocks from China will only increase - IMF
By David Lawder WASHINGTON (Reuters) - Global market spillovers from China's economic shocks will only increase in coming years as the country's financial influence grows and the yuan's use as a funding currency broadens, the International Monetary Fund said on Monday. In a portion of its latest Global Financial Stability Report, the IMF said developments in emerging markets now account for one-third to 40 percent of the variation between stock market returns and exchange rate fluctuations world
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