CLEAN : Slow down in China growth forecasts due to zero-Covid policy says IMF director

The transcript covers a press conference involving the Chancellor and international members, discussing economic challenges and growth factors. Key issues include the impact of COVID-19 and property sector difficulties on economic slowdown. China's fiscal strategies and potential policy shifts are highlighted as measures to counteract these challenges and minimize global economic disruptions.

What are the two main factors driving the slowdown in growth mentioned in the text?

What challenges does the property sector in China face as mentioned in the text?

What is the significance of fiscal space for China in the context of its economy?

How is China planning to adjust its COVID policy according to the text?

What potential impact could China's adjustments to its COVID policy have on the global economy?