
China-US Trade Talks in Switzerland Offer Glimmer of Global Stability
China and the US meet in Switzerland for high-level trade talks after tariff battles, with IMF downgrades signaling high stakes for global growth.
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China and the US meet in Switzerland for high-level trade talks after tariff battles, with IMF downgrades signaling high stakes for global growth.
The IMF cuts its global growth forecast to 2.8% for 2025, citing rising trade tensions and policy uncertainty as risks to advanced and emerging economies alike.
In 2024, while global growth slows to 3.2%, China’s strong domestic demand drives its economic stability and growth.
China unveils ambitious 2025 economic plans, aiming to lead global growth with proactive policies and robust resilience.
China is set to become the world’s top economic power, surpassing the G7 countries combined by 2029, according to an IMF forecast reported by Bloomberg.
The IMF projects a 3.2% growth for the global economy in 2024 and 2025, signaling steady yet slower progress compared to past decades.