IMF Boosts China's Growth Forecast to 5% After Strong Q1
TL;DR Summary
The International Monetary Fund has raised its forecasts for China's economic growth, predicting a 5% increase this year and 4.5% in 2025, driven by surging exports and factory investments. However, the IMF questions China's extensive support for export-focused industries and highlights significant challenges in the housing market, including overbuilding and unsold apartments.
- I.M.F. Is Upbeat on China's Growth but Questions Industrial Policy The New York Times
- IMF upgrades China's 2024, 2025 GDP growth forecasts after 'strong' Q1 Reuters
- IMF Lifts China Growth Forecast to 5% Citing Strong Early Expansion, Stimulus Bloomberg
- IMF upgrades China's growth forecast to 5% on 'strong' first quarter and policy measures CNBC
- Hang Seng, China A50: IMF gets bullish as just as Chinese stocks roll over FOREX.com
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