December 7, 2017 / 1:58 AM / a year ago

IMF report on China does not reflect the 'whole picture' - China central bank statement

FILE PHOTO: A woman walks past the headquarters of the People's Bank of China (PBOC), the central bank, in Beijing, June 21, 2013. REUTERS/Jason Lee/File Photo

BEIJING (Reuters) - China’s central bank said on Thursday an IMF report on China’s financial system did not reflect the whole picture, according to a statement released on the People’s Bank of China website.

China’s financial system is able to fend off risks, the statement said, adding that the IMF report was objective and pertinent.

Reporting by Sue-Lin Wong; Editing by Sam Holmes

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