IMF warns of spillover from China's 'troubled' property sector
- Economy
- AFP
- Published Date: 04:29 | 16 April 2024
- Modified Date: 04:29 | 16 April 2024
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.