China economic recovery faces 'high degree of uncertainty': IMF

Beijing must tackle property market crisis, roll out reforms to boost growth

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The International Monetary Fund has lifted its forecast for China's economy to a 5.2% expansion this year (Source photos by Getty Images and Reuters)

CK TAN, Nikkei staff writer

SHANGHAI -- China's economic recovery is subject to a "high degree of uncertainty" and it must tackle a property market crisis, but rebounding consumer confidence will boost the hard-hit regional tourism market, the International Monetary Fund said Friday.

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