IMF Inequality / US-China Trade




17 Jan 2020


Washington, DC, United States



IMF Inequality / US-China Trade
Washington, DC --- 17 January 2020
1. B-ROLL: Exterior Petersen Institute of International Economics
2. Walk-up news conference
3. Reporters cutaway
4. SOUNDBITE: (English) Kristalina Georgieva, IMF Managing Director:
“We can be complacent and not dig too deeper into the interface between financial sector and inequality. Or we can be smart and identify risks and opportunities and actively work on those. And if we do these things, I think we would make a huge contribution to our society to avoid the risk of these 2020's being a repeat of those 100 years ago.”
5. Cutaway Reporter
6. SOUNDBITE: (English) Kristalina Georgieva, IMF Managing Director:
“We had a signing of a trade agreement that is certainly good news, but is not sorting out all the complexities of issues between these two larger economies. And for sure is not resolving the fundamental questions that need addressing in the trade system so it can succeed in the future.”
7. Reporter cutaway
8. SOUNDBITE: (English) Kristalina Georgieva, IMF Managing Director:
“I can tell you that it brings China in the parameters of around 6 percent growth for for 2020 rather than below. We also discussed the necessity to relentlessly continue work on trade, both to reform the global system, reform WTO to a point that it can function.”
9. Midshot briefing cutaway
10. SOUNDBITE: (English) Kristalina Georgieva, IMF Managing Director:
“What we are seeing now is that we have some reduction of this uncertainty. But it is not eliminated. Trade truce is not the same as trade peace. Therefore, we would see shrinkage of this negative impact, but not the eradication of this impact.”
11. Cutaway Reporter

Washington, DC – Recent
12. B-ROLL: Exterior IMF
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