IMF official impressed by China's economic resilience

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IMF official impressed by China's economic resilience

STORY: IMF official impressed by China's economic resilience DATELINE: Feb. 7, 2023 LENGTH: 00:02:12 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of street scenes in China 2. SOUNDBITE 1 (English): THOMAS HELBLING, Deputy Director of the IMF's Asia and Pacific Department 3. various of Chinese consumers and tourists 4. SOUNDBITE 2 (English): THOMAS HELBLING, Deputy Director of the IMF's Asia and Pacific Department STORYLINE: In an update to its World Economic Outlook report released late January, the International Monetary Fund (IMF) projected China's economy will grow by 5.2 percent in 2023, 0.8 percentage point higher than October 2022 forecast, driven by a rebound in private consumption. An IMF official has highlighted three main sources that bolster China's economic resilience. SOUNDBITE 1 (English): THOMAS HELBLING, Deputy Director of the IMF's Asia and Pacific Department "Overall, I think the resilience has a number of sources. One at the household level, households have high lev

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