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
|
Search Our Over 500-Page Website!
|
Search Our Over 300-Page Website!
Related Posts
UK Economy Forecast, October 2009Australia Economy Forecast, October 2009
Canadian House Prices Increased in July 2009
MBA Upgrades US Growth Forecast in September 2009
International Real Estate Investment Activity in the US, May 2008-May 2009
Forecast of UK House Prices, August 2009
Global Economic Forecast September 2009
US Economy Forecast August 2009
Canada Home Price Trends 2
Canada Home Price Trends 1
Global Real Estate Stocks: Trends in the First Half of 2009
Return from China Economy Forecast October 2009 to Market Watch
