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China GDP: IMF cuts 2021 growth forecast citing US tech decoupling, domestic debt, Hong Kong risks

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[unable to retrieve full-text content]The International Monetary Fund (IMF) has trimmed back its growth projection for the Chinese economy in 2021, citing headwinds from technological decoupling with the United States and domestic financial risks, to restrictions on fundraising via Hong Kong for Chinese companies.China will grow by 7.9 per cent this year, the fund forecasts, down from its previous prediction of 8.2 per cent growth made in October.While few other nations will achieve such a level of growth, the downgrade is a…

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[unable to retrieve full-text content]
The International Monetary Fund (IMF) has trimmed back its growth projection for the Chinese economy in 2021, citing headwinds from technological decoupling with the United States and domestic financial risks, to restrictions on fundraising via Hong Kong for Chinese companies.China will grow by 7.9 per cent this year, the fund forecasts, down from its previous prediction of 8.2 per cent growth made in October.While few other nations will achieve such a level of growth, the downgrade is a…

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