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IMF: China growth expected to average 6.4% through 2020 (Prev. 6.0%)

Reuters is reporting headlines from a recent IMF study, with the key quotes found below:

  • Should accelerate reforms to avoid risk of medium term sharp growth adjustment
  • China growth expected to average 6.4% through 2020 (Prev. 6.0%)
  • China debt seen rising to almost 300% of GDP by 2022
  • Downward pressure on Yuan eased on strong China economic growth & capital controls
  • IMF sees vulnerabilities in China increasing, despite revising up China's short-term growth outlook

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