'Tricky task' for China as IMF cuts growth forecast
The International Monetary Fund has cut its growth forecast for China to 7.75% from 8%, warning that a weak world economy could lead to a fall in demand for Chinese goods.
The IMF also said that the country's should focus on reining in easy credit, amid fears that it is fuelling property speculation and inflation.
The BBC's Mariko Oi said that the Chinese government faced a "tricky task" in balancing the various demands on its economy.
29 May 2013
- From the section Business