2023-05-02 14:27:44
The International Monetary Fund (IMF) has released a report on the economic outlook in the Asia-Pacific region, which shows that global financial activities are currently shrinking, inflation is rising and the banking crisis in the US and European countries is blocking economic growth, while China’s economy is relaunch. This fact gives strength to the economy in the Asia-Pacific region or even the global ones.
According to the report, China and India will help the economy in the Asia-Pacific region grow by 4.6%, with the growth rate exceeding that of 3.8% in 2022. Which means that the contribution rate of the Asia-Pacific region to the growth of the global economy in 2023 will be 70%. Among countries in the region, China will make the biggest contribution.
Article by Radio China International and CCTV
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