IMF ups emerging Asia growth forecast, warns of China property risks but says India is a bright spot
Publishing timestamp: 2024-01-30 23:07:33
Summary
The IMF has revised up its growth forecast for emerging economies in Asia, including China and India, in 2024. However, it warns of risks from China's property sector crisis and emphasizes the need for restructuring policy measures. The IMF also lifted its global growth forecast and expects global inflation to increase in the coming years.
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Keywords: world economy, china, asia news, south asia, india, asia economy, business news, china evergrande group,