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Author Topic: IMF expects Chinese economy to grow 7.9% after the coronavirus outbreak  (Read 517 times)

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IMF expects Chinese economy to grow 7.9% after the coronavirus outbreak

The International Monetary Fund (IMF) said on Friday that the Chinese economy will expand by 7.9% in 2021 after expanding 1.9% in 2020 as China's economic activity will continue to enter. Normal And China can still control the spread of COVID-19. Domestic

The IMF Executive Committee said in a statement: “The Chinese economy is still rapidly recovering from the epidemic. This was driven by serious efforts in disease control. And to act quickly to reduce the impact of the crisis "

“Policymakers have provided financial and fiscal support to protect the companies most affected. While maintaining financial stability, ”the IMF executive director said, adding that macroeconomic and monetary policies have helped promote the recovery of the Chinese economy.

The IMF's executive director also called on China to continue to pursue an appropriate fiscal and supportive policy. Until the economic recovery is strong



 

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