26-April-2024
Economy News
 
IMF raises China's 2021 growth forecast to 8.4%, marking 10-year high
07-Apr-2021

The International Monetary Fund raised its 2021 growth forecast for China to 8.4 percent on Tuesday, as it projected a stronger global rebound from the pandemic but warned of "divergences in the speed of recovery". The figure is 0.3 percentage points above the IMF's January prediction and would mark the country's strongest growth rate since 2011, after the world's second largest economy became the only major one to expand last year.

News Source:- https://www.hindustantimes.com/business/imf-raises-china-s-2021-growth-forecast-to-8-4-marking-10-year-high-101617713289455.html