By Jiahui Huang
The International Monetary Fund will set up a regional center in Shanghai to boost research in the Asia-Pacific region.
The new regional center will promote research and provide policy suggestions to emerging markets and middle-income countries, the IMF and the People's Bank of China said Wednesday in a joint statement.
The new center will collaborate with the China-IMF Capacity Development Center, which was formally inaugurated in Beijing by the PBOC and the IMF in 2018.
Write to Jiahui Huang at jiahui.huang@wsj.com
(END) Dow Jones Newswires
06-18-24 2228ET
