In a statement about its first public review of the Chinese economy for three years, the IMF praised China's adroit handling of the financial crisis. It said growth continued to be robust, at an estimated 10.5pc this year, and that inflation is benign. Read the story.
However, the agency warned that China now faces the challenge of managing the after-effects of a stimulus package that included a record 9,600 billion yuan (£960bn) of loans from Chinese banks. The total was more than double the amount loaned in 2008.
