International Monetary Fund Raised Its Growth Forecast for China

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International Monetary Fund Raised Its Growth Forecast for China

A stadium is being decorated with Chinese national flags in Yantai, China, on July 27, 2024. On July 16, 2024, the International Monetary Fund (IMF) released its latest World Economic Outlook Report, lowering its forecast for US economic growth in 2024 by 0.1 percentage points to 2.6 percent, while raising its forecast for China's economic growth by 0.4 percentage points to 5 percent. (Photo by Costfoto/NurPhoto)


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