China Should Use Fiscal Policy To Boost Growth: IMF

Gaspar spoke to AFP from the IMF headquarters in Washington, D.C. (Credit: AFP)

The Chinese government should use its tax-and-spend policies to help boost flagging economic growth, a senior IMF official told AFP ahead of key meetings this week in Washington.

The IMF has raised concern about the levels of global public debt, which it estimates will reach a record $100 trillion this year, with debt expected to rise in both the United States and China, the world's two largest economies.