13-April-2021
Economy News
 
China's growth set to drive global economy in post-pandemic years
07-Apr-2021

China will drive global economic growth in the coming years as the world recovers from an pandemic that’s killed 2.9 million people, the International Monetary Fund predicts. China will contribute more than one-fifth of the total increase in the world’s gross domestic product in the five years through 2026, according to Bloomberg calculations based on IMF forecasts published Tuesday. Global GDP is expected to rise by more than $28 trillion to $122 trillion over that period, after falling $2.8 trillion last year in the biggest peacetime shock to output since the Great Depression.

News Source:- https://www.business-standard.com/article/international/china-s-growth-set-to-drive-global-economy-in-post-pandemic-years-121040700186_1.html