China's economy is projected to grow by 5 percent in 2024 and 4.5 percent in 2025, said Gita Gopinath, first deputy managing director of the International Monetary Fund (IMF), in a statement after an IMF team concluded the 2024 Art...
WASHINGTON, July 16 (Xinhua) -- The International Monetary Fund (IMF) on Tuesday revised China's 2024 economic growth up to 5 percent in an update to its World Economic Outlook (WEO), from the 4.6-percent forecast in April. The revision is primarily attributed to a rebound in private cons...
The IMF maintained its forecast for global growth in 2024 at 3.2 percent, noting that Asia's emerging market economies remain the main engine for the global economy. Global activity and world trade firmed up at the turn of the year, with trade spurred by strong exports from Asia, particularly...
Zhu Haibin, chief China economist at J.P. Morgan, estimates China's economy will grow 5.2 percent in 2024, up from his previous estimate of 4.9 percent. The economist announced his updated estimate during the J.P. Morgan Global China Summit in Shanghai on Wednesday. Zhu said that the coun...
The IMF maintained its forecast for global growth in 2024 at 3.2 percent, noting that Asia's emerging market economies remain the main engine for the global economy. Global activity and world trade firmed up at the turn of...
The IMF maintained its forecast for global growth in 2024 at 3.2 percent, noting that Asia's emerging market economies remain the main engine for the global economy. Global activity and world trade firmed up at the turn of the year, with trade spurred by strong exports from Asia, particularly...
BEIJING--China’s economy is set to grow 5% this year, after a “strong” first quarter, the International Monetary Fund said on Wednesday, upgrading its earlier forecast of 4.6% expansion though it expects slower growth in the years ahead.
The IMF maintained its forecast for global growth in 2024 at 3.2 percent, noting that Asia's emerging market economies remain the main engine for the global economy.Global activity and world trade firmed up at the turn of the year, with trade spurred by strong exports from Asia, particularly...
BANGKOK--China’s economy will slow next year, with annual growth falling to 4.5% from 5.2% this year despite a recent recovery spurred by investments in factories and construction and in demand for services, the World Bank said in a report issued Thursday. ...
Even at 3% to 4%, the pace of China's growth remains faster than that of developed economies. The IMF in October forecast U.S. real GDP would slow to 1.5% growth in 2024, down from 2.1% in 2023. The fund is set to release an update to its global predictions o...