IMF chief: Domestic consumption 'reliable source of growth' for China
The IMF projected China's GDP to grow by 4.8 percent in 2024 - down 0.2 percentage points from its July forecast - and then 4.5 percent in 2025, the same as its July forecast, according to the latest World Economic Outlook released on Tuesday. One of the major reasons for the decrease was weak consumer confidence, the report said.
The IMF doesn’t share the U.S. view that China’s massive trade surpluses are hurting the world, and that tension is likely to ...
Krishna Srinivasan, Director of IMF of Asia and Pacific Department, talks to CNBC's Martin Soong about Japan and China's ...
International Monetary Fund Managing Director Kristalina Georgieva warned on Thursday that the world is in danger of becoming ...
China’s recent barrage of fiscal measures fall short of what’s needed to address deflationary risks plaguing the world’s ...
WASHINGTON – China’s latest stimulus measures will not meaningfully boost domestic demand, leaving a major source of trade ...
China's recent stimulus measures go in the right direction but are not sufficient to lift domestic growth in a substantially ...
The International Monetary Fund (IMF) predicted that South Korea will be hit relatively harder if the U.S.-China trade ...
Emerging market powerhouses India and Brazil also stood out on the upside of the IMF forecasts, while it dialed back growth ...
Global public debt will rise above $100 trillion by the end of 2024, the agency projected in its annual Fiscal Monitor report ...
The world economy is set to rely even more heavily on the BRICS group of emerging economies to drive expansion, rather than ...
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