Global economy faces tougher year in 2023, IMF's Georgieva warns

January 02, 2023

For much of the global economy, 2023 is going to be a tough year as the main engines of global growth - the United States, Europe and China - all experience weakening activity, the head of the International Monetary Fund said on Sunday. "For the first time in 40 years, China's growth in 2022 is likely to be at or below global growth," Georgieva said. At that time, it also saw annual growth in China accelerating in 2023 to 4.4% while global activity slowed further. "For the first time in 40 years, China's growth in 2022 is likely to be at or below global growth," Georgieva said. At that time, it also saw annual growth in China accelerating in 2023 to 4.4% while global activity slowed further.

The source of this news is from Tuoi Tre News