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...
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...
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...
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 ...
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...
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...
For 2025, Goldman Sachs expects China's economy to expand by 4.7%, an increase from the earlier forecast of 4.3%. "The latest round of China stimulus clearly indicates that policymakers have made a turn on cyclical policy management and increased their focus on the economy," Goldman Sachs' ...
Zhu said that the country's robust 5.3 percent year-on-year economic growth in the first quarter of 2024 surpassed market expectations and marked a strong beginning for the year. He noted that the Chinese economy's three main highlights in the first quarter of the year were a year-on-year...
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 ...
The data, significantly higher than the average forecast of 4.6 percent by economists polled by Reuters, reflected the resilience of the Chinese economy and the attractiveness of its vast consumer market, which also provides a robust rebuttal to some Western media's narrative of Chinese economy reac...