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1 day ago · The International Monetary Fund (IMF) on Wednesday raised China's economic growth forecast for 2024 to 5 per cent, up from its previous estimate of 4.6 per cent. However, the IMF cautioned that growth is expected to decelerate to 3.3 per cent by 2029 due to demographic shifts and slower productivity ...
6 hours ago · The IMF yesterday raised its yearly growth forecast for China, but warned that Beijing’s industrial policy risks a “misallocation” of resources and could harm trade. The fund raised its growth forecast for the year to 5 percent — in line with a target set by Chinese authorities in March, up from the 4.6 percent expansion it had ...
6 hours ago · The IMF said China needed “structural reforms to counter headwinds and address underlying imbalances”. “Key priorities include rebalancing the economy towards consumption by strengthening the social safety net and liberalising the services sector to enable it to boost growth potential and create jobs,” it said.
6 hours ago · Gita Gopinath, first deputy managing director of the IMF, said on Wednesday in Beijing that the IMF has raised its forecasts for China's economic growth to 5 percent this year and 4.5 percent next ...
6 hours ago · PressReader. Catalog; For You; The Herald (Zimbabwe) Zambia sees IMF review sealed with funding boost 2024-05-30 - Bloomberg.. ZAMBIA expects to conclude its third programme review with the International Monetary Fund next month, as the copper-rich nation finalises US$500 million of international assistance to deal with the effects of a record drought.
6 hours ago · BEIJING — China's economy is set to grow 5.0 percent this year, after a "strong" first quarter, the International Monetary Fund (IMF) said on Wednesday, upgrading its earlier forecast of a 4.6-percent expansion though it expects slower growth in the years ahead. The global lender's new projections ...
6 hours ago · The IMF noted that China's inflation is expected to rise, but stay low as output remains below potential, with core inflation increasing only gradually to average 1 per cent in 2024.
