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China's strong economic rebound in 2023 is a booster for the world: head of IMF

From ecns.cn

China's economy is seeing a strong rebound which "matters for the country itself and matters for the world", said Kristalina Georgieva, managing director of International Monetary Fund (IMF) on Sunday during a panel discussion at the 2023 China Development Forum. According to a statement that the IMF sent to the Global Times, Georgieva said that the robust rebound means China is set to account for around one third of global growth in 2023 — giving a welcome lift to the world economy. "And beyond the direct contribution to global growth, our analysis shows that a 1 percentage point increase in GDP growth in China ... (full story)

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  • Category: Fundamental Analysis