IMF Raises China's Economic Growth Forecast to 5% for...
China News
May 30, 2024
The International Monetary Fund has revised China's economic growth forecast upward to 5 percent for 2024, citing strong first-quarter data and recent policy measures. This represents a 0.4 percentage point increase from the IMF's previous projection. The IMF also anticipates a growth rate of 4.5 percent for China in the following year, marking another 0.4 percentage point upward revision.