‘China economic recovery could falter’

BEIJING: The International Monetary Fund (IMF) warned on Tuesday that China’s economic recovery could falter without more support for its ailing property sector but maintained its growth forecast for this year at 4.6 percent. That is below the official target set by Beijing of “around five percent” for gross domestic product (GDP) growth in 2024, […]

‘China economic recovery could falter’

'China economic recovery could falter' thumbnail

Scroll Up

BEIJING: The International Monetary Fund (IMF) warned on Tuesday that China’s economic recovery could falter without more support for its ailing property sector but maintained its growth forecast for this year at 4.6 percent.

That is below the official target set by Beijing of “around five percent” for gross domestic product (GDP) growth in 2024, and well below the double-digit increases recorded in recent decades.

Register to read this story and more for free.

Signing up for an account helps us improve your browsing experience.

Continue

OR

See our subscription options.

Already have an account? Log in here

This website uses cookies. By continuing to browse the website, you are agreeing to our use of cookies. Read More.