China's economy is headed for slower growth, IMF says

GDP expansion could drop to 3% range in 2024-25 without policy response on real estate

20240201N China elderly

China's economy will face "headwinds from weak productivity and population aging" in the medium term, the IMF says. © Reuters

JACK STONE TRUITT, Nikkei staff writer

NEW YORK -- China's economic growth was in line with the country's roughly 5% goal last year but will lose steam in 2024 and beyond, dropping as low as 3.4% in 2028, according to an International Monetary Fund report published Friday.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.