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IMF warns of spillover from China's 'troubled' property sector

Published April 16,2024 04:29 PM
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The International Monetary Fund expressed concern Tuesday over China's "troubled" property sector, which it said posed an obstacle to recovery for the world's second-largest economy.

"In China, without a comprehensive response to the troubled property sector, growth could falter, hurting trading partners," warned the IMF in its World Economic Outlook report.