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IMF slashes China growth forecasts as trade war deepens

Energy Daily Wednesday, 23 April 2025 ()
IMF slashes China growth forecasts as trade war deepensBeijing (AFP) April 22, 2025

The IMF said Tuesday it now believed China's economy will only grow by four percent this year, well below Beijing's official target as it fights a mounting trade war with the United States that threatens to hammer the global economy. China and the United States - the world's two largest economies - are engaged in a mounting tit-for-tat trade row that has sparked global recession fears and
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News video: US- China Trade War: Trump Shuts Doors on Diplomacy, Demands Face-Off With Xi Amid Trade War Heat

US- China Trade War: Trump Shuts Doors on Diplomacy, Demands Face-Off With Xi Amid Trade War Heat 03:18

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