IMF forecasts a gradual economic upturn for China

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IMF forecasts a gradual economic upturn for China
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IMF forecasts a gradual economic upturn for China IMF China GDP Growth EconomicIndicator

in 2022, then rise by 4.4% for the next two years as the country's growth remains under pressure following an"impressive" recovery from the pandemic's initial impact.

“The regulatory tightening in the property sector, while well intended to rein in high leverage, has added to severe financial strains for developers, leading to a rapid slowdown in housing sales and investment, along with a sharp decline in local government land-sale revenues.” Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.

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