Economy News Imf Upgrades Its Forecast For China’s Economy, But Says Reforms Are Needed To Support Growth

IMF urges China to take the 'brave choice': curb exports, boost consumption

The International Monetary Fund on Wednesday urged China to make the "brave choice" of speeding up structural reform, as pressure grows on the world's second-largest economy to shift towards a ... Read More

IMF raises China growth forecast to 5% for 2025, citing resilience

The assessment is up from October's forecast, with the fund citing government stimulus and lower tariffs as drivers China's economy is projected to grow by 5 per cent in 2025 before slowing to 4.5 per ... Read More

IMF urges China to address economic imbalances as trade surplus hits $1 trillion

The head of the International Monetary Fund has urged China to fix its economic imbalances, echoing longstanding calls for the world's second-largest economy to rely more on domestic spending and ... Read More

Advancing Reforms Can Enhance Prospects – China Economic Update

According to the World Bank’s latest China Economic Update, Advancing Reforms, Enhancing Prospects, growth is estimated at 4.9% in 2025 and projected at 4.4% in 2026, as existing headwinds are ... Read More

China should focus on economy not 'territorial expansion', Taiwan president says

China's economy is in a bad way and President Xi Jinping should focus on improving the lives of his people and not "territorial expansion", Taiwan President Lai Ching-te said in an interview with the ... Read More

Resilient in face of tariffs, world economy forecast to grow 3.2%, OECD says

The world economy has proven surprisingly durable in the face of President Donald Trump’s trade wars, the Organization for Economic Cooperation and Development said Tuesday, upgrading its outlook for ... Read More