Wed, 25 Jul 2012 09:59:34 GMT
China's economy to be challenged by headwinds
The IMF stated that China's economy may confront considerable risks to growth with the national currency being moderately undervalued. Moreover, the IMF officials highlighted China's over reliance on investment. The economy is expected to experience a soft landing; however, to make it happen is a main challenge, said the IMF. Still, China is ready to respond to further worsening of