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IMF urges China 'rebalance' consumption, forecasts slowing growth

World News

14-10-2025 | 09:12

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IMF urges China 'rebalance' consumption, forecasts slowing growth

The IMF said Tuesday that a "rebalancing" of China's economy through fiscal measures targeting social spending and the property market would help battle deflation, as growth in the country is forecast to slow.

The International Monetary Fund's latest World Economic Outlook report noted "weakness in domestic demand" in the world's second-largest economy, where it expects overall growth this year to slide to 4.8 percent year-on-year.

AFP

World News

urges

China

'rebalance'

consumption,

forecasts

slowing

growth

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