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China's economy may get worse

Published On 22 Oct 2019 10:52 AM


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It indicates that the country is growing at its slowest speed in nearly 30 years. If you imagine China will grow at a 6% rate for this year’s third quarter, wait, its brace for worse.

Prediction by the International Monetary Fund shows a 5.8% growth in Chinese gross domestic product in 2020. It was stated in the publication by World Economic Outlook over the weekend. It was a 6.1% growth forecasted by the IMF Six months ago.


Tags : IMF, BMO Capital Markets, Jennifer Lee,
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