Wednesday 8 October 2014

IMF keeps China growth forecast at 7.4%, warns of 'near-term risks'

POLITICAL ECONOMY
IMF keeps China growth forecast at 7.4%, warns of 'near-term risks'
Beijing (AFP) Oct 07, 2014 - The International Monetary Fund left its forecast for China's economic growth this year unchanged at 7.4 percent Tuesday but warned the world's second-largest economy faces a range of "near-term growth risks", especially in real estate. GDP growth will slow further to 7.1 percent next year, the IMF said in its latest World Economic Outlook report, citing a probable tightening of credit and o ... more


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