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IMF calls for US to cut deficits amid bond woes, urges China to shift away from exports

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IMF calls for US to cut deficits amid bond woes, urges China to shift away from exports

By David Lawder and Andrea Shalal BANGKOK, Oct 14 (Reuters) - The United States cannot grow its way out of mounting public debt without tax or spending adjustments, while China must pivot from export-led growth towards more domestic consumption, International Monetary Fund Managing Director Kristalina Georgieva said on Wednesday.

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