IMF Overly Optimistic on China Growth, Actual Expansion Closer to 2% vs 5% Forecast
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IMF likely overestimating China's economic growth this year, could be as low as 2% vs IMF's 5.2% forecast.
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Property sector shakeout, weak FDI, structural problems contributing to lower growth prospects.
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Net exports a bright spot in 2022 but may face challenges in 2023.
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Private money leaving China, restrictive tech/data policies hindering investment.
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China overtaking U.S. GDP growth now unlikely given current trend lines.