IMF ups emerging Asia growth forecast, warns of China property risks but says India is a bright spot
Posted on AllSides January 30th, 2024
From The Center
Pedestrians walk past a Caixin Weekly magazine, published by Caixin Media Co., on display at a news stand in Beijing, China, on Sunday, March 6, 2016. The International Monetary Fund revised up its growth forecast for developing Asia economies in 2024 as it remained optimistic on India, but warned of risks from China's deepening property sector crisis. It expects emerging economies in Asia to grow at 5.2%, a 0.4 percentage point upgrade from its prior forecast in October. This year's growth is still expected to be cooler than the estimated...
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