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IMF raised China’s 2019 economic outlook, but cut global growth forecast to lowest since 2009

The International Monetary Fund on Tuesday raised its forecast for Chinese growth to 6.3 per cent this year for a projection of 6.2 per cent in January, however, it lowered the projection for 2020 to 6.1 per cent from 6.2 per cent, in its latest World Economic Outlook.

The IMF cut its outlook for global growth to the slowest pace since the financial crisis amid a bleaker outlook in most major advanced economies and signs that higher tariffs are weighing on trade.

The world economy is expected to grow 3.3 per cent this year, down . . .

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