IMF Downgrades China's GDP Growth Forecast For 2023-24, Cites Real Estate Crisis
1:39
Times NowTimes Now Digital
IMF Downgrades China's GDP Growth Forecast For 2023-24, Cites Real Estate Crisis
The International Monetary Fund (IMF) has revised its growth projections for China's economy in 2023 and 2024. China's GDP growth forecast has been reduced to 5.3%, down 20 basis points from its previous estimate in July for 2023, and by 30 basis points to 4.2% for 2024. This adjustment is attributed to China's real estate crisis and ...
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