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Fitch forecast China's economic growth would slow to 4.5% in 2024 from 5.2% last year, in contrast to Citi and the International Monetary Fund, which both revised up their China forecasts.
The IMF cut China's 2024 growth rate by two-tenths of a percentage point to 4.8%, with a boost from net exports partly offsetting continued weakness in the property sector and low consumer confidence.
This article includes a list of countries by their forecast estimated GDP ... China: 37,070,000 [n 1] 2024: 34,643,706 ... List of countries by real GDP growth rate;
Friday's report followed an update Thursday from the World Bank that forecast that 5.2% annual growth this year will slow to 4.5% next year and to 4.3% in 2025.
With China's 2014 GDP being US$ 10,356.508 billion, [14] [15] this makes the government debt of China approximately US$ 4.3 trillion. The foreign debt of China, by June 2015, stood at around US$ 1.68 trillion, according to data from the country's State Administration of Foreign Exchange (SAFE) as quoted by the State Council . [ 16 ]
(November 2024) This is a list of countries by estimated future gross [ clarification needed ] central government debt based on data released in October 2020 by the International Monetary Fund , with figures in percentage of national GDP .
Lan revealed that, as of the end of 2023, China had an enormous hidden debt balance of 14.3 trillion yuan ($1.99 trillion). Officials aim to slash that amount to 2.3 trillion yuan ($320 billion ...
[1]: 81 A debt instrument is a financial claim that requires payment of interest and/or principal by the debtor to the creditor in the future. Examples include debt securities (such as bonds and bills), loans, and government employee pension obligations. [1]: 207 Net debt equals gross debt minus financial assets that are debt instruments.