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IMF lowers China growth forecast to 4.5% amid global escalates
The downgrade reflects higher oil prices, weak consumer demand and real estate strains, while policy support is expected to limit a sharper slowdown.
- On Tuesday, the International Monetary Fund lowered its forecast for China's growth this year to 4.5 percent, marking a downward revision from July projections amid elevated energy prices and a sluggish domestic consumer market.
- Higher energy prices triggered by conflict in the Middle East, combined with a years-long crisis in China's real estate sector, are weighing on economic activity; the Fund noted that "policy support is expected to prevent a sharper slowdown."
- In contrast, India's growth is expected to reach 7.0 percent, while South Korea and Taiwan together source 62 percent of the net trade in AI computing components, benefiting from global chip demand.
- Growth in Beijing is projected to decelerate further to 4.0 percent in 2027, the Fund said, representing a downward revision of one-tenth of a percentage point from previous estimates.
- While Southeast Asian countries benefit from ongoing AI data-centre buildouts, "small island developing states are expected to experience slower growth because of higher energy costs as well as weaker tourism and remittances," the Fund said.
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CryptoTendence The IMF cuts to 4.5% its forecast of China's GDP by 2026 in the face of weak domestic consumption and economic risks.The entry The IMF cuts China's GDP projection by 2026 due to weak domestic demand was first published in CryptoTendence.
The logo outside the headquarters of the International Monetary Fund (IMF) in Washington, D.C. (Madalina Vasiliu/The Epoch Times)
·New York, United States
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Total News Sources12
Leaning Left1Leaning Right1Center2Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 25%
C 50%
R 25%
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