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IMF raises China's 2024 economic growth forecast to 5%

A file photo of the International Monetary Fund (IMF) headquarters in Washington, D.C., the United States. /Xinhua

The International Monetary Fund (IMF) on Tuesday revised China's 2024 economic growth up to 5 percent in an update to its World Economic Outlook (WEO) from the 4.6-percent forecast in April.

The revision is primarily attributed to a rebound in private consumption and strong expor

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