IMF: China offers valuable lessons in combating COVID-19

Added On May 22, 2020

 The International Monetary Fund says China was the first to take very strong actions and is the first to be exiting the COVID-19 crisis, so there are a lot of valuable lessons to be learned from China's experience.

IMF spokesperson Gerry Rice said on Thursday that the way that China is letting the economy adjust to these new and difficult circumstances is something all countries need to do.
The spokesperson said China is moving ahead in some areas like electronic payment systems and e-commerce, linking very small firms to markets and consumers.
Rice said China's experience is very important to look at as this global crisis evolves.
He also said that China has an important role to play in helping the world and the poorer countries, in particular the low-income countries.