IMF raises China's 2025 GDP growth forecast to 4.8%

IMF significantly increased its GDP growth forecast for China from 4% to 4.8%.

According to the "World Economic Outlook" report released by IMF on Tuesday, the organization currently predicts that China's economy will grow by 4.8% in 2025, an increase of 0.8 percentage points from the prediction in April. Among all countries and regions included in the report, the upward adjustment of China's economic growth forecast is the largest. This year, the global economic growth forecast was slightly adjusted upwards by 0.2 percentage points to 3%.

IMF expects the US economy to grow at a rate of 1.9% this year, an increase of 0.1 percentage point from the previous forecast.

Original article: https://www.toutiao.com/article/1839082959426571/

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