Loading...
Market
China's policy response to IMF's property sector concerns in 2024
4
Resolution / Starting Odds
Major interventions • 33%
Moderate adjustments • 34%
No significant changes • 33%
Public policy announcements specific to the property sector from the Chinese government
Story
IMF Upgrades China's 2024 GDP Growth Forecast to 5%, Raises 2025 Outlook
May 29, 2024, 02:21 AM
The International Monetary Fund (IMF) has upgraded China's economic growth forecast for 2024 to 5%, up from the previous projection of 4.6%. The IMF also revised its GDP growth outlook for 2025 to 4.5%, an increase from the earlier estimate of 4.1%. These revisions, which are 0.4 percentage points higher than the April projections, are attributed to a strong first quarter in 2024 and additional policy measures implemented by the Chinese government. The IMF's staff conducted a 13-day visit to China, which contributed to these preliminary findings. However, the IMF has also indicated that more support is needed for the property sector and has issued warnings regarding China's industrial policy.
View original story
Similar markets
Fully Effective • 25%
Partially Effective • 25%
Ineffective • 25%
Not Implemented • 25%
Increase • 33%
Decrease • 33%
Remain stable • 34%
Decrease • 50%
No Decrease • 50%
Yes • 50%
No • 50%
Increase • 33%
Decrease • 33%
No Change • 34%
Increase • 33%
Decrease • 33%
Unchanged • 34%
Retaliatory tariffs • 33%
Negotiations for tariff reductions • 33%
No significant response • 34%