August 21, 2025 (AMSP/CGTN) – – The International Monetary Fund (IMF) recently raised its forecast for China’s 2025 GDP growth to 4.8%, up from 4.0% in April. According to Marshall Mills, the IMF’s senior resident representative in China, this upgrade is driven by a stronger-than-expected economic performance in the first half of the year and lower-than-anticipated tariffs between the U.S. and China. He also noted that fiscal stimulus and reforms to clear local government arrears have helped boost domestic demand.
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