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CHINA will be the world’s top contributor to global growth over the next five years. This is not some idle boast from the Communist Party of China (CPC), but rather, a prediction from one of China’s most consistent critics, the International Monetary Fund (IMF).
The IMF predicts that China’s growth is set to outstrip the entire Group of Seven (G7) leading industrial nations combined. Its global growth will also, according to the IMF, be 61 per cent more than the planet’s most populous nation, India.
After years of being assured that the Chinese economy was in meltdown, these so-called impartial experts have been forced to come out with the truth.
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