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IMF Expects China Economy to Growth 9 Percent in 2010

October 5th, 2009 · No Comments

The International Monetary Fund (IMF) has raised its growth forecast for the China economy to 9 percent according to Bloomberg.

The growth estimate by the International Monetary Fund (IMF) is up from its original 2010 estimate for the Chinese economy of 8.5 percent.

The key driver of the change in the IMF’s China economic growth forecast is domestic spending as the China government tries to offset declines in global demand for China exports.

Tags: China Economy

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