China growth to gradually slow further in the next few years - IMF

The IMF doesn't see a better outlook for the Chinese economy in the years ahead

Friday, 02/02/2024 | 09:18 GMT

Growth is projected to slow to 4.6% in 2024
That owes to ongoing weakness in property sector and subdued external demand
Over the medium-term, growth is to gradually decline and is projected at about 3.5% in 2028

There are definitely some major challenges for Beijing in trying to reascertain recovery conditions in China. The short-term outlook is already rather pessimistic at the moment. However, the long-term outlook may be even harsher considering the demographics problem at hand.