IMF: China's economy to grow 8% in 2021, down from ... - CGTN

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 ... ABOUTUS Home China World World Asia-Pacific Americas Europe Middle-EastandAfrica Politics Business Opinions Tech&Sci Culture Sports Travel Nature Picture Video Live TV Specials LearnChinese Home China World World Asia-Pacific Americas Middle-EastandAfrica Europe Politics Business Opinions Tech&Sci Culture Sports Travel Nature Picture Video Live TV Specials LearnChinese Home China World Asia-Pacific Americas Europe Middle-EastandAfrica Politics Business Opinions Tech&Sci Culture Sports Travel Nature Picture Video Live TV Specials LearnChinese Home China World Asia-Pacific Americas Middle-EastandAfrica Europe Politics Business Opinions Tech&Sci Culture Sports Travel Nature Picture Video Live TV Specials LearnChinese Download Economy 21:01,12-Oct-2021 IMF:China'seconomytogrow8%in2021,downfrompreviousoutlook Updated 22:57,12-Oct-2021 CGTN Share Copied TheInternationalMonetaryFund(IMF)hasprojectedtheworld'ssecondlargesteconomy,China,toseean8-percentgrowththisyear,down0.1percentagepointfromitsJulyprojection.InitslatestupdateoftheWorldEconomicOutlook,theglobaleconomyisexpectedtogrowby5.9percentin2021,alsoslowed0.1percentagepointfrompreviousone.Andthatfor2022isunchangedat4.9percent.However,thevariationofthegrowthprojectionsforothermajoreconomiesismoresteep.Thefundhasloweredthegrowth forecastfortheworldlargesteconomyU.S.to6percentthisyear,afterraisingitupto7percentinJuly.Itups2021eurozoneareagrowthforecastto5percent,0.4percentagehigherthanprevious.AccordingtotheIMF,"thedangerousdivergenceineconomicprospectsacrosscountriesremainsamajorconcern.""Theglobalrecoverycontinuesbutmomentumhasweakened,hobbledbythepandemic,"readtheoutlook."FueledbythehighlytransmissibleDeltavariant,therecordedglobalCOVID-19deathtollhasrisencloseto5millionandhealthrisksabound,holdingbackafullreturntonormalcy."Togettheglobaleconomybacktonormal,monetarypolicieswillneedto"walkafinelinebetweentacklinginflationandfinancialrisksandsupportingtheeconomicrecovery,"saidIMF."Weproject,amidsthighuncertainty,thatheadlineinflationwilllikelyreturntopre-pandemiclevelsbymid-2022forthegroupofadvancedeconomiesandemerginganddevelopingeconomies." OpeninCGTNAPPforbetterexperience SearchTrends SITEMAP China World Politics Business Tech&Sci Culture Sports Opinions Travel Nature Picture Video Live Specials Transcript EUROPE LearnChinese EXPLOREMORE English Español Français العربية Русский Documentary CCTV+ DOWNLOADOURAPP Copyright©2020CGTN.BeijingICPpreparedNO.16065310-3 Termsofuse Copyright Privacypolicy Aboutus SITEMAP China World Politics Business Tech&Sci Culture Sports Opinions Travel Nature Picture Video Live Specials Transcript EUROPE LearnChinese EXPLOREMORE English Español Français العربية Русский Documentary CCTV+ DOWNLOADOURAPP Copyright©2020CGTN.BeijingICPpreparedNO.16065310-3 Termsofuse Copyright Privacypolicy Aboutus SITEMAP China World Politics Business Opinions Tech&Sci Culture Sports EUROPE SITEMAP Travel Nature Picture Video Specials Live Transcript LearnChinese EXPLOREMORE English Español Français العربية Русский Documentary CCTV+ OURAPPS Copyright©2020CGTN.BeijingICPpreparedNO.16065310-3 Termsofuse Copyright Privacypolicy Aboutus