-China trade war, coupled with threatened global USA automotive tariffs and retaliation from trading partners.
China was the fastest growing economy in 2017 as it was ahead of India by 0.2 percentage points.
"And there would also be lots of innocent bystanders". Many business leaders welcomed the agreement as an encouraging sign that the Trump administration doesn't entirely want to blow up the global trading system that has come together in the past three decades.
Thousands of security personnel have fanned out around key venues in Nusa Dua, just south of Bali's main worldwide airport, with some 32,000 delegates, including finance ministers and central bankers, attending the IMF-World Bank meetings. "In adverse scenarios, that can be an abrupt reversal of flows".
This saw China retaliate with 10 percent tariffs on $60 billion (£46 billion) of U.S. imports.
In September, the USA implemented another round of tariffs on $200 billion worth of Chinese goods, which were met with countermeasures out of Beijing on $60 billion worth of US goods.
Treasury Secretary Steven Mnuchin met with People's Bank of China Governor Yi Gang on Thursday on the sidelines of the IMF-World Bank meeting.
He said: "This is important, to make sure that no one is left behind".
Governor State Bank Tariq Bajwa and other officials of Economy Division were present during the meeting. Trump has justified the higher USA tariffs as a response to the trade imbalance between the two countries, and China has swiftly responded with higher levies on US imports.
Indonesia's national police could not immediately be reached for comment.
It said that would include boosting foreign currency reserves to be used in a crisis as well as working with local bond markets to build a domestic investor base, rather than relying on financing from overseas.
To cool inflationary pressure, the American central bank, the Federal Reserve, is raising interest rates, which acts as a further attraction to global capital because returns are higher. Against a basket of currencies, the yuan has depreciated less.
The trade deficit has gone up 8.6 percent this year to $31 billion.
On recent yuan declines, Lagarde said they were mainly driven by the strength of the dollar, noting that it has not depreciated as much against a basket of currencies.
Risks to the global financial system have risen somewhat in recent months as some emerging markets have struggled and trade war tensions have persisted, the International Monetary Fund warned Tuesday.
"We will get out of this".
In a cabinet meeting, Prime Minister Imran Khan instructed the finance ministry to provide a detailed analysis of utilisation of Rs24 trillion worth of debt that the country acquired from 2008 to 2018.