Wed, 18 Apr 2012 13:20:27 GMT
China to face moderate growth of 8.2% in 2012
China's economic expansion is likely to decelerate this year to 8.2% but it is expected to rebound next year, reported the IMF. The main drive for the country's economy will be domestic consumption, the fund added. The IMF report boosted hopes that China will escape hard landing despite drastic measures to slow down overheated economy.