A | Washington, Oct 11 (UNI) The Chinese economy will post the lowest GDP growth in four decades in the current year, barring performance during the initial COVID-19 crisis in 2020, the International Monetary Fund (IMF) said on Tuesday.
"The revisions reflect the downgrade for growth in China, to 3.2 percent in 2022 (the lowest growth in more than four decades, excluding the initial COVID-19 crisis in 2020). COVID-19 outbreaks and lockdowns in multiple localities, as well as the worsening property market crisis, have held back economic activity in China, " the IMF said in its World Economic Outlook.
However, China’s growth is expected to rise to 4.4 percent in 2023, the report added.
COVID-19-related lockdowns have taken a significant toll on China’s economy, particularly in the second quarter of 2022, according to the reports. Particularly, the property sector, which represents the fifth part of the nation’s economy is rapidly weakening, it added.
"A worsening of China’s property sector crisis could spill over to the domestic banking sector and weigh heavily on the country’s growth, with negative cross-border effects," the IMF said.
UNI/SPUTNIK GNK。 据知情人士透露，美国证券交易委员会（SEC）向华尔街多家大型银行发出传票，涉及对冲基金Situational Awareness相关事宜。
B | 知情人士表示，监管机构寻求的信息与该对冲基金的交易活动有关。Situational Awareness上个月因承受压力，被迫退出大量持仓。因讨论未公开事项，知情人士要求匿名。
C | SEC发言人不予置评。SEC的问询并不意味着某个公司或个人是调查对象，监管机构的调查也可能最终不采取任何执法行动。（新浪财经）原文链接。
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