Coronavirus to shave 10 bps from global growth: IMF's Kristalina Georgieva

Topics Chinese economy | Coronavirus | IMF

The fast-spreading coronavirus outbreak will likely lower China's economic growth this year to 5.6%, down 0.4 percentage points from its January outlook, and shave 0.

1 percentage points from global growth, the IMF said on Saturday. International Monetary Fund Managing Director Kristalina Georgieva presented the outlook to central bankers and finance ministers from the world's 20 largest economies gathered in Riyadh where the outbreak was a major topic of discussion, but said the IMF continued to look at more dire scenarios. China,.

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