IMF: China's economy to grow 8% in 2021, down from previous outlook
2021-10-13 09:01:13 source：CGTN
October 12, 2021
The International Monetary Fund (IMF) has projected the world's second largest economy, China, to see an 8-percent growth this year, down 0.1 percentage point from its July projection.
In its latest update of the World Economic Outlook, the global economy is expected to grow by 5.9 percent in 2021, also slowed 0.1 percentage point from previous one. And that for 2022 is unchanged at 4.9 percent.
However, the variation of the growth projections for other major economies is more steep. The fund has lowered the growth forecast for the world largest economy U.S. to 6 percent this year, after raising it up to 7 percent in July.
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