IMF says Asian economies under cosh as China’s property woes bite


Source: reuters.com reuters.com

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An aerial view shows the 39 buildings developed by China Evergrande Group that authorities have issued demolition order, on the man-made Ocean Flower Island in Danzhou, Hainan province, China January 6, 2022. REUTERS/Aly Song/File Photo Acquire Licensing Rights Summary Companies Asia recovery may be faltering on weak China rebound China property woes to spill over to Asia - IMF BOJ policy normalisation could have global impact Asia central banks should hold off on cutting rates IMF sees Asia's 2024 growth at 4.2% vs 4.6% this year MARRAKECH, Morroco, Oct 13 (Reuters) - China's weak recovery and the risk of a...