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Added on the 12/10/2021 15:52:02 - Copyright : AFPTV - First images
Optimism that new vaccines will bring the pandemic under control and allow economic activity to resume coupled with stimulus in major economies has boosted the growth forecast this year to 5.5 percent, the IMF says in its latest World Economic Outlook. SOUNDBITE
Beijing/Shanghai, Jul 29 (EFE/EPA).- China's economy will grow 1.6 percent this year but will expand 7.9 percent next year, according to projections in the latest World Bank report, published Wednesday.Although the forecast for 2020 will be the smallest growth since 197, growing 7.9 percent in 2021 would signify the fastest pace since 2012, taking into account that the GDP growth rate is measured in year-on-year terms and that in 2011 it had been 9.6 percent. (Camera: WU HONG / ALEKSANDAR PLAVEVSKI)FOOTAGE SHOWS B-ROLL OF SHANGHAI AND BEIJING, CHINA.
Surging inflation and severe slowdowns in the United States and China prompted the IMF to downgrade its outlook for the global economy this year and next, while warning that the situation could get much worse. SOUNDBITE
Beijing, Oct 18 (EFE/EPA).- China's gross domestic product (GDP) grew 4.9 percent year-on-year in the third quarter, down from the 7.9 percent growth in the second, official data published Monday showed.The third-quarter growth is slightly lower than expected by analysts, who had forecast the economy to grow by around 5 percent.The growth eased to 0.2 percent in July-September from 1.3 percent in the second quarter. (Camera: WU HONG).SHOT LIST: PEOPLE WALK IN THE CENTRAL BUSINESS DISTRICT (CBD) IN BEIJING, CHINA.
China's economy will grow slower than initially expected this year owing to a stronger-than-anticipated "fiscal tightening," IMF chief economist Gita Gopinath says. SOUNDBITE
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