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IMF Boosts China's Growth Forecast to 5% Amid Strong Q1 and Stimulus

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Source: Reuters
IMF Boosts China's Growth Forecast to 5% Amid Strong Q1 and Stimulus
Photo: Reuters
TL;DR

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.

Topics:businesseconomy#china#economic-forecast#economy#gdp-growth#imf#property-crisis
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  1. IMF upgrades China's 2024, 2025 GDP growth forecasts after 'strong' Q1  Reuters
  2. IMF upgrades China's growth forecast to 5% on 'strong' first quarter and policy measures  CNBC
  3. I.M.F. Is Upbeat on China's Growth but Questions Industrial Policy  The New York Times
  4. IMF Lifts China Growth Forecast to 5% Citing Strong Early Expansion, Stimulus  Bloomberg
  5. IMF Lifts China Growth Forecast But Warns On Industrial Policy  Barron's

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