the imf said it welcomed steps announced by policymakers earlier this month to stabilise china s beleaguered property sector. lets get the low down now with louise loo, who is china economist at oxford economics. louise, looking for china. projected to grow beyond expectations. projected to grow beyond expectations. yes, exactly. this is very expectations. yes, exactly. this is very positive - this is very positive assessment. i think the upgrade to the growth forecast notjust this year, next year, suggest to us that there is a good sense of expectation that policies will continue to be quite supportive of the economy. i think generally it is quite good news if you think about the different structural problems the economy faces, including property. including property. property bein: including property. property being the including property. property being the main including property. property being the main one. - including property. property being the main one. it
In meeting with Chinese Premier Li in Beijing, US Treasury Secretary Yellen raises concerns about industrial overcapacity and emphasises importance of working together on global challenges such as debt relief for less developed countries.
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