{"id":88047,"date":"2023-03-27T10:38:31","date_gmt":"2023-03-27T10:38:31","guid":{"rendered":"https:\/\/www.africa-press.net\/kenya\/all-news\/imf-says-china-will-account-for-one-third-of-global-growth-in-2023"},"modified":"2023-03-27T10:54:37","modified_gmt":"2023-03-27T10:54:37","slug":"imf-says-china-will-account-for-one-third-of-global-growth-in-2023","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/all-news\/imf-says-china-will-account-for-one-third-of-global-growth-in-2023","title":{"rendered":"IMF says China will account for one-third of global growth in 2023"},"content":{"rendered":"

Africa-Press – Kenya. <\/strong><\/span>China is projected to give a significant boost to the world economy, accounting for about a third of global growth in 2023, the managing director of the International Monetary Fund said on Sunday.<\/p>\n

\u201cThe robust rebound means China is set to account for around one third of global growth in 2023 \u2013 giving a welcome lift to the world economy,\u201d Kristalina Georgieva said at the 2023 China Development Forum in the capital Beijing.<\/p>\n

According to the IMF analysis, a 1% point increase in GDP growth in China will lead to a 0.3% point increase in growth in other Asian economies, she said.<\/p>\n

Although uncertainties are exceptionally high, she said news of the world economy is not all bad as there are some \u201cgreen shoots,\u201d including in China.<\/p>\n

\u201cWith such a solid recovery, China can now build on positive momentum and \u2013 through comprehensive policies \u2013 stay on the growth path towards convergence with advanced economies,\u201d she added.<\/p>\n

IMF research also shows that productivity-enhancing reforms in China could lift real GDP by as much as 2.5% by 2027, and by around 18% by 2037 \u2013 growth that would be both higher quality and more inclusive.<\/p>\n

For More News And Analysis About Kenya<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Kenya. China is projected to give a significant boost to the world economy, accounting for about a third of global growth in 2023, the managing director of the International Monetary Fund said on Sunday. \u201cThe robust rebound means China is set to account for around one third of global growth in 2023 \u2013 […]<\/p>\n","protected":false},"author":84,"featured_media":88046,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[6857,7003,171,9412,543,544,9146],"class_list":{"0":"post-88047","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-all-news","8":"category-economy","9":"tag-africa-press","10":"tag-africa-press-kenya","11":"tag-china","13":"tag-imf","14":"tag-kenya","15":"tag-kristalina-georgieva"},"yoast_head":"\nIMF says China will account for one-third of global growth in 2023 - kenya<\/title>\n<meta name=\"description\" content=\"China is projected to give a significant boost to the world economy, accounting for about a third of global growth in 20 ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/kenya\/all-news\/imf-says-china-will-account-for-one-third-of-global-growth-in-2023\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMF says China will account for one-third of global growth in 2023\" \/>\n<meta property=\"og:description\" content=\"China is projected to give a significant boost to the world economy, accounting for about a third of global growth in 20 ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/kenya\/all-news\/imf-says-china-will-account-for-one-third-of-global-growth-in-2023\" \/>\n<meta property=\"og:site_name\" content=\"kenya\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-27T10:38:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-03-27T10:54:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2023\/03\/postQueueImg_1679897327.15.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"864\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/imf-says-china-will-account-for-one-third-of-global-growth-in-2023#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/imf-says-china-will-account-for-one-third-of-global-growth-in-2023\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"IMF says China will account for one-third of global growth in 2023\",\"datePublished\":\"2023-03-27T10:38:31+00:00\",\"dateModified\":\"2023-03-27T10:54:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/imf-says-china-will-account-for-one-third-of-global-growth-in-2023\"},\"wordCount\":204,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/imf-says-china-will-account-for-one-third-of-global-growth-in-2023#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2023\/03\/postQueueImg_1679897327.15.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Kenya\",\"CHINA\",\"global growth\",\"IMF\",\"Kenya\",\"Kristalina Georgieva\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/all-news\/imf-says-china-will-account-for-one-third-of-global-growth-in-2023#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/imf-says-china-will-account-for-one-third-of-global-growth-in-2023\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/imf-says-china-will-account-for-one-third-of-global-growth-in-2023\",\"name\":\"IMF says China will account for one-third of global growth in 2023 - 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