IMF cuts China's 2019 GDP forecast to 6.2% vs. 6.3% previous

The International Monetary Fund (IMF) is out with its latest outlook report on the Chinese economy, with the key highlights found below.

2020 GDP forecast seen at 6.0% from 6.1% previously.

China's stimulus is sufficient to stabilize growth in 2019-20.

But uncertainty around trade tensions remains high.

Some additional easing will be warranted if trade tensions escalate further.

Fiscal expansion could be used to help stabilise China's economy.