“Risks are on the downside,” IMF Managing Director Kristalina Georgieva told reporters in Berlin Tuesday. “There is indeed the possibility that in this time of very high uncertainty, we might have to revise these projections down.”
The International Monetary Fund may have to trim its forecast for China’s economic growth as Covid-19 related restrictions and difficulties in the property sector weigh on prospects.
The Washington-based crisis lender sees Chinese gross domestic product expanding 3.2% this year and 4.4% in 2023.
