Source: Securities Times
In a video speech at the 2022 spring meeting of the International Financial Forum (IFF) held in Beijing on the 27th, Pierre Olivier Gulansha, chief economist of the International Monetary Fund, said that affected by the superposition of multiple adverse factors, IMF lowered its forecast for global economic growth to 3.6% and expressed pessimism about the prospects for global economic development.
Referring to China's economic situation, Olivier Gulansha said that China's epidemic prevention policy has successfully controlled the death rate and the number of cases in the past two years, ensuring the normal operation of the economy. The main challenge for China now is the low vaccination rate among people over the age of 75. He pointed out that raising immunization levels around the world remains an important guarantee of global economic recovery.
Edit / Jeffrey