G7 Economies - Khabar Asia

China Set to Surpass G7 Combined Growth in Next Five Years: IMF Forecast

My News2024-04-2103 mins

China is projected to lead global economic growth over the next five years, surpassing the combined contributions of all G7 nations, according to an IMF forecast reported by Bloomberg.

IMF Predicts UK as Only Major Economy to Contract in 2023

My News2023-01-3103 mins

The IMF predicts the UK’s economy will shrink by 0.6% in 2023, making it the only major economy to contract this year and adding pressure on Britain’s economic strategies.