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Expert: IMF forecast upgrade shows confidence in China's economic resilience, policies

01:15

The International Monetary Fund (IMF) has raised China's 2024 economic growth forecast to 5 percent from its previous 4.6 percent outlook in April. Li Yong, chief researcher at D&C Thinktank, says that the IMF's forecast shows its increasing confidence in China's economic resilience and government policies.

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