IMF chief says Biden-Xi engagement an important signal for world to cooperate

International Monetary Fund Managing Director Kristalina Georgieva said on Friday that this week's meeting between U.S. President Joe Biden and Chinese President Xi Jinping is a badly needed signal that the world needs to cooperate more.

"It sends a signal to the rest of the world that we must find ways to cooperate on those challenges where no country on its own can succeed," Georgieva told Reuters in an interview on the sidelines of the Asia-Pacific Economic Cooperation summit.