IMF flags risks from rising U.S.–China tension and global fragility

At the $IMF$ and World Bank meetings, Managing Director Kristalina Georgieva warned that mounting tensions between the U.S. and China—especially over trade and rare earth controls—pose material risks to global growth. Although the IMF revised its 2025 global real GDP growth forecast to 3.2%, she cautioned that ongoing trade shocks, geopolitical frictions and financial overextensions are not yet fully priced in. The steering committee emphasised enhanced monitoring of systemic risks, including those from AI and digital assets.:contentReference[oaicite:3]{index=3}