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IMF raises China's 2025 growth forecast to 5%
AWANI
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5 hours ago
The International Monetary Fund projects China's economy to grow by 5% in 2025 before slowing to 4.5% in 2026, citing resilience despite multiple shocks in recent years.
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00:00
China's economy is projected to grow by 5% in 2025 before slowing to 4.5% in 2026,
00:09
according to the International Monetary Fund.
00:11
Its latest assessment shows an upward revision of 0.2% and 0.3% points from its October forecast,
00:19
citing resilience despite multiple shocks in recent years.
00:23
The fund pointed out that China had rolled out stimulus measures
00:28
and benefited from lower-than-expected tariffs on its exports.
00:32
It added that while the economy has remained stable, it continues to face imbalances,
00:38
including a prolonged property sector adjustment, spillovers to local government finances,
00:43
weak domestic demand and deflationary pressures.
00:46
In the first 11 months of this year, China's trade surplus hit a record US$1 trillion,
00:51
but the IMF warns that such export-driven growth may not be sustainable as global demand softens.
00:59
It urged Beijing to shift toward a consumption-less growth model
01:02
instead of dependence of exports and investment.
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