President Donald Trump's promise of pro-growth policies of tax reform and stimulus, which saw widespread optimism in global markets since November, will likely turn out to be a disappointment, the former deputy managing director of IMF told CNBC.

Zhu Min, who is currently President at the National Institute of Financial Research, spoke to CNBC at the sidelines of the Boao Forum in the Hainan Province, China.

He pointed out Trump's planned policies including the implementation of a border tax, the repeal and replacement of parts of the Affordable Care Act, infrastructure investments and tax reforms could face a long list of difficulties.

"If you're looking for what we heard just two months ago, and what we thought today right, you will see number one, (for) the border tax, the probability (ofHot Topics:

State: Keep us informed on GMP improvements

Posted:
12/26/2012 01:00:00 AM EST

Wednesday December 26, 2012

KEITH WHITCOMB JR.

Staff Writer

READSBORO -- Green Mountain Power plans to have the required improvements to the former Readsboro Electric Light Department completed by the second quarter of 2013, but the Public Service Board, which approved the sale of the smaller utility last year, wishes the docket for the sale to be kept open and to be notified if the delayed system improvements will not be finished by June 30.

The light department was sold by the town to Central Vermont Public Service in 2011 with the deal being approved by the Public Service Board in July. CVPS has since merged with Green Mountain Power and the combined entities own all of what had been the Readsboro