[Salon] IMF gets more optimistic about China, world growth

[Chas Freeman <cwfresidence@gmail.com>]

https://mailchi.mp/cusef/china-us-express-january-3-6032213?e=c05cda21b0

IMF gets more optimistic about China, world growth

• In its latest Economic Outlook Update, the International Monetary Fund lifts its prospect of China’s 2023 economic growth to 5.2%, up 0.8% from its October estimation. The IMF also raised its forecast about the global economic expansion in 2023 by 0.2% to 2.9%.

• Here are estimations of China’s economic growth by other institutes at the end of last year:

  • Morgan Stanley: 5.4%

  • Economic Intelligence Unit (EIU) 5.2%

  • Goldman Sachs’s 4.5%

  • Nikkei Asia: 4.7%

  • OECD: 4.6%

  • J.P. Morgan: 4.3%