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Business 08 Apr 2021 | 7:00 AM

IMF predicts faster global recovery

BEIJING: The International Monetary Fund (IMF) predicted China’s economy to grow at 8.4% this year, which is 0.3 percentage point stronger than in its January forecast, while global growth is expected to reach 6% in 2021, a higher-than-expected recovery that could face “daunting challenges” ahead.