“China has been very successful in containing the pandemic and that has played a very important role to bring back activity much more quickly, ” Gita Gopinath, the economic counselor and director of IMF’s Research Department, said at a virtual news conference on Tuesday. (Logo at the IMF HQ)
WASHINGTON: China’s economy is projected to grow by 8.1% this year, built on its effective pandemic containment measures and policy support, the International Monetary Fund said in its World Economic Outlook (WEO) update.
It estimated China’s gross domestic product for 2020 to increase by 2.3%, matching the growth rate that was announced by China’s National Bureau of Statistics last week.
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