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VisitWhich major economy will react first to China's GDP growth by end of 2024?
US • 25%
EU • 25%
Japan • 25%
India • 25%
Official policy announcements from major economies
IMF Upgrades China’s 2024 Growth Forecast to 5%, Raises 2025 Outlook
May 29, 2024, 02:16 AM
The International Monetary Fund (IMF) has upgraded China's economic growth forecast for 2024 to 5%, up from the previous 4.6%. The IMF also revised China's GDP growth outlook for 2025 to 4.5%, an increase of 0.4 percentage points from its April projections. This adjustment follows a strong first quarter and policy measures. However, the IMF has noted that more support is needed for the property sector and has issued warnings regarding China's industrial policy.
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USA imposes new sanctions • 25%
EU imposes new sanctions • 25%
No new sanctions from major economies • 25%
Sanctions from other major economies • 25%
United States • 25%
European Union • 25%
China • 25%
India • 25%
United States • 33%
European Union • 33%
China • 34%
Germany • 25%
Canada • 25%
Japan • 25%
None • 25%
Increase their own gold reserves • 25%
Maintain current gold reserve levels • 25%
Sell part of their gold reserves • 25%
No significant change • 25%
US imposes new sanctions • 25%
EU imposes new sanctions • 25%
Japan imposes new sanctions • 25%
No new sanctions imposed • 25%
Significantly positive • 34%
Neutral • 33%
Negatively impactful • 33%