VOICED : El FMI podría revisar a la baja sus proyecciones de crecimiento de China

VOICED : El FMI podría revisar a la baja sus proyecciones de crecimiento de China

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Interactive Video

Business

10th Grade - University

Hard

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Kristalina Georgieva, the IMF director, warned that the organization might lower its growth forecasts for China due to strict anti-Covid measures affecting economic activity and causing protests. Despite predicting a 3.2% growth for this year and 4.4% for the next, uncertainties may lead to downward revisions. Georgieva highlighted Covid and real estate sector challenges as key factors for potential growth reduction. However, she noted China's budgetary flexibility to stimulate its economy. China's GDP grew only 0.4% in the second quarter, the worst since 2020, but showed recovery in the third quarter.

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3 mins • 1 pt

What new insight or understanding did you gain from this video?

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