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CHINA: China needs to remove restrictions on trade and investment, despite its
frequently voiced support for free trade and globalization, David Lipton, deputy
managing director of the International Monetary Fund, said on Monday in Hong
Kong. China should also protect intellectual property rights and reduce measures
favoring state companies, Lipton said. China's debt to some developing countries
may not be fully repaid, so it should create stronger framework and debt
resolution to address these issues, Lipton said.