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China's Central Bank Governor Urges IMF to Combat Unilateralism

4/21/2026

Summary

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Pan Gongsheng, Governor of the People's Bank of China, urged the International Monetary Fund (IMF) to curb rising unilateralism amid trade restrictions and Middle East tensions.
Speaking at IMF's International Monetary and Financial Committee meeting, he urged multilateralism and stronger surveillance of budget risks in major economies.
He warned that trade protectionism cannot resolve global imbalances.
He called for tailored policy recommendations to address mounting risks and safeguard global stability.

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Story summary

Pan Gongsheng, Governor of the People's Bank of China, urged the International Monetary Fund (IMF) to curb rising unilateralism amid trade restrictions and Middle East tensions.
Speaking at IMF's International Monetary and Financial Committee meeting, he urged multilateralism and stronger surveillance of budget risks in major economies.
He warned that trade protectionism cannot resolve global imbalances.
He called for tailored policy recommendations to address mounting risks and safeguard global stability.