November 7, 2023

BEIJING — The International Monetary Fund on Tuesday raised its China growth forecast to 5.4% for 2023, while warning that real estate struggles persist.

The IMF cited better-than-expected third-quarter growth and Beijing’s recent policy announcements.

However, the IMF still expects growth to slow next year to 4.6% “amid continuing weakness in the property market and subdued external demand.”

Read more:

https://www.cnbc.com/2023/11/07/imf-raises-china-gdp-forecast-after-beijings-policy-moves.html