The International Monetary Fund (IMF) expects China’s growth rate to ease further to 5.8 per cent in 2021, a downward revision from the 5.9 per cent rate previously expected. Photo: EPA
The International Monetary Fund (IMF) expects China’s growth rate to ease further to 5.8 per cent in 2021, a downward revision from the 5.9 per cent rate previously expected. Photo: EPA

China’s 2020 growth rate prediction raised to 6.0 per cent by IMF after US trade war deal

  • The International Monetary Fund (IMF) revised up its gross domestic product (GDP) prediction from 5.8 per cent in October after the phase one deal was signed last week
  • IMF cuts global GDP forecast for 2020 to 3.3 per cent from 3.4 per cent, with ‘lion’s share’ of the downward revision due to weaker growth in India

The International Monetary Fund (IMF) expects China’s growth rate to ease further to 5.8 per cent in 2021, a downward revision from the 5.9 per cent rate previously expected. Photo: EPA
The International Monetary Fund (IMF) expects China’s growth rate to ease further to 5.8 per cent in 2021, a downward revision from the 5.9 per cent rate previously expected. Photo: EPA
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