The International Monetary Fund (IMF) fell by 0.3 percentage points on Tuesday its forecast for China’s GDP growth in 2015, estimating an advance of 6.8%, the lowest level in the country over the past 25 years.
The company had foreseen in its report last October growth of 7.1% in 2015 to 2015, a level that was already the lowest since 1990 but still remained above 7%. For 2016, the IMF estimated a more moderate 6.3% growth.
According to the latest report of the Fund, the second largest economy in 2015 will maintain its deceleration trend, mainly due to a reduction in investment, a trend that will continue into next year.
“The investment growth in China slowed in the third quarter of 2014, and indicators suggest that continue to decline, “said the company in its report.
The IMF added that” are expected at this time that the authorities will do more emphasis on reducing vulnerabilities generated by the recent rapid growth credit and investment “.
This drastic slowdown in Chinese growth is such that its effects will be felt in all the emerging economies of Asia, he said.
The financial institution multilateral Monday reduced its forecast for global growth to 3.5% this year and 3.7% in 2016, in both cases with a cut of 0.3 percentage point relative to your expectations of October.
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