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ent Co Ltd, and China Shipbuilding Industry Corp, accordin
g to data from the State-owned Assets Supervision and Administration Commission.
David Lipton, the International Monetary Fund’s first deputy managing director, sa
id: ” (China’s) Credit growth and corporate debt have been reduced thanks to concerted efforts to strengthen fin
ancial regulation, reduce regulatory arbitrage, and improve the framework for financial supervision.”
His statement came after the IMF published a report forecasting that China’s economic growth is expected to mo
derate to 6.2 percent this year, down from 6.4 percent in the first quarter, as uncertainty around trade tensions re
mains high and risks are tilted to the downside. Inflation, in the meantime, is projected to rise to 2.3 percent.
in 2002 when it should have been closed. But the city’s detritus has kept on arriving each day in hundreds of trucks.
“About 2,000 tons of garbage is dumped at Ghazipur each day,” a Delhi municipal official said on condition of anonymity.
In 2018, a section of the hill collapsed in heavy rains killing two people. Dumping was banne
d after the deaths, but the measure lasted only a few days because authorities could not find an alternative.
Fires, sparked by methane gas coming from the dump, regularly break out and take days to extinguish.
Shambhavi Shukla, senior researcher at the Center for Science and Environment in New D
elhi, said methane belching from the garbage can become even more deadly when mixed with atmosphere.
Leachate, a black toxic liquid, oozes from the dump into a local canal.