IMF Boosts China's Growth Forecast to 5% Amid Strong Q1 and Stimulus
TL;DR Summary
The IMF has upgraded China's GDP growth forecast for 2024 to 5% from 4.6%, citing a strong first quarter and new policy measures. However, it warns of slower growth in the coming years due to an ageing population and productivity issues, projecting a decline to 3.3% by 2029. The property sector crisis remains a significant risk, and the IMF suggests more comprehensive policies are needed to address it.
- IMF upgrades China's 2024, 2025 GDP growth forecasts after 'strong' Q1 Reuters
- IMF upgrades China's growth forecast to 5% on 'strong' first quarter and policy measures CNBC
- I.M.F. Is Upbeat on China's Growth but Questions Industrial Policy The New York Times
- IMF Lifts China Growth Forecast to 5% Citing Strong Early Expansion, Stimulus Bloomberg
- IMF Lifts China Growth Forecast But Warns On Industrial Policy Barron's
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