International Monetary Fund (IMF) cuts China's 2019 GDP forecast to 6.2% from 6.3% previously

Market news

5 June 2019

International Monetary Fund (IMF) cuts China's 2019 GDP forecast to 6.2% from 6.3% previously

2020 GDP forecast seen at 6.0% from 6.1% previously
China's stimulus is sufficient to stabilise growth in 2019-20
But uncertainty around trade tensions remains high
Some additional easing will be warranted if trade tensions escalate further
Fiscal expansion could be used to help stabilise China's economy
China FX flexibility should increase.

China's central bank (PBOC) likely to cut its main policy rate – ABN AMRO

Chinese President: economy positioned to meet all challenges - Xinhua

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