China’s economy is expected to maintain its “strong recovery” this year, with growth seen hitting 8.1 per cent following its coronavirus containment measures, according to the International Monetary Fund. Photo: EPA-EFE China’s economy is expected to maintain its “strong recovery” this year, with growth seen hitting 8.1 per cent following its coronavirus containment measures, according to the International Monetary Fund. Photo: EPA-EFE
China’s economy is expected to maintain its “strong recovery” this year, with growth seen hitting 8.1 per cent following its coronavirus containment measures, according to the International Monetary Fund. Photo: EPA-EFE

Global economy to grow 5.5 per cent in 2021 after 3.5 per cent contraction in 2020, IMF forecasts

  • China’s economy seen growing 8.1 per cent in 2021 as recovery continues, while the US could rebound to 4.3 per cent growth, according to the International Monetary Fund (IMF)
  • IMF praises US, European Union and Japan economic stimulus measures but warns that recovery is contingent on control of the coronavirus

Topic |   International Monetary Fund (IMF)
China’s economy is expected to maintain its “strong recovery” this year, with growth seen hitting 8.1 per cent following its coronavirus containment measures, according to the International Monetary Fund. Photo: EPA-EFE China’s economy is expected to maintain its “strong recovery” this year, with growth seen hitting 8.1 per cent following its coronavirus containment measures, according to the International Monetary Fund. Photo: EPA-EFE
China’s economy is expected to maintain its “strong recovery” this year, with growth seen hitting 8.1 per cent following its coronavirus containment measures, according to the International Monetary Fund. Photo: EPA-EFE
READ FULL ARTICLE