IMF Offers Upbeat Assessment Of China’s Economy And Predicts Inflation Threat Will Recede Hot

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IMF analysts project a rapid 9.5% growth in China’s economy this year, saying it will continue to be “propelled by vigorous domestic and external demand.”

The report says inflation has become less of a concern and the nation’s key challenge going forward will be to shift its economy from reliance on exports and investment to reliance on domestic consumption.

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