Global World News Top Global Banks See China Struggling To Hit 5 Growth Target

IMF chief hopes for easing of US, China tensions to avoid hit to global economy

International Monetary Fund chief Kristalina Georgieva on Friday said she hoped the U.S. and China could ease trade tensions and avoid a cutoff in the flow of rare earths to the global economy that ... Read More

World Bank raises China’s 2025 growth forecast to 4.8% on exports, stimulus

The World Bank has raised its 2025 growth forecast for China, signalling renewed confidence in the world’s second-largest economy amid ongoing trade tensions and domestic challenges. The institution ... Read More

IMF Sees ‘Significant’ Risks to Global Growth from US-China Row

The International Monetary Fund sees “significant downside risks” to global growth due to renewed frictions between the US and China, the fund’s Director of the Asia and Pacific Department Krishna ... Read More

Bessent urges IMF, World Bank to take tougher stance on China's economic practices

U.S. Treasury Secretary Scott Bessent on Friday gave specific marching orders for the International Monetary Fund and World Bank to take tougher stances on China's state-driven economic practices as ... Read More

World Bank lifts China 2025 GDP forecast to 4.8% ahead of a slowdown next year

The World Bank lifted its 2025 growth projection for China to 4.8% and raised its forecast for much of the region, but warned of slowing momentum next year, citing low consumer and business confidence ... Read More