The China economy forecast released by the International Monetary Fund (IMF) in October 2009 predicts that the country's economy will continue on the path of very high expansion rates that will experience only a minor deceleration from the growth rates of the past five years.
In particular, the IMF predicts that after growing by 13% in 2007 and 9% in 2008 the Chinese economy will continue expanding rapidly in 2009 at an average rate of 8.5%.
The expansion of the Chinese economy is predicted to accelerate in the following three years (2010-2012) with real GDP registering annual growth rates of 9%, 9.7% and 9.8%.
China Economic Forecast October 2009
Sources: IMF,www.Property-Investing.org
IMF's China economy forecast predicts also that inflation in 2009 will turn slightly negative (-0.1%) but return to positive territory in 2010 at a rate of 0.6%. As the graph below indicates, in 2011 and 2012 inflation is predicted to rise to 1.5% and 1.9%, respectively.
China Inflation Forecast October 2009
Sources: IMF,www.Property-Investing.org
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