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IMF: Emerging markets will remain robust

09-21-2011 13:01 BJT

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Despite painting a pessimistic outlook for the global economy, the IMF says growth in emerging markets will remain fairly robust.

The report says China's economic growth is expected to remain robust at 9.5 percent this year after growing at higher than 10 percent in 2010. Although inflationary pressure persists, property price inflation and credit growth has softened from recent record levels due to efforts to withdraw the excess liquidity that's floating around.

But challenges still remain as the prospects for emerging market economies are becoming more uncertain again.

The report says China's economic growth is expected to
remain robust at 9.5 percent this year after growing at
higher than 10 percent in 2010.

Editor:Li Wanran |Source: CNTV.CN

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