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The International Monetary Fund expected that the Chinese economy would contribute to promoting the growth of the global economy, noting that this contribution could reach a quarter of the aforementioned growth.
“The Chinese economy is expected to rebound this year with the recovery of movement and activity after lifting the restrictions of the Covid 19 epidemic, which provides a boost to the global economy,” the fund said in an annual assessment of the Chinese economy reported by Agence France-Presse, adding, “This is good news for China and the world, as it is expected that The Chinese economy contributes a quarter of global growth this year.
On Monday, the International Monetary Fund revised its growth forecast for China for the year 2023 by up to 5.2 percent, after raising its forecast for global growth on the basis of the country's reopening after the restrictive measures due to the Corona virus.
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