CLEAN : IMF raises China growth forecast urges faster reforms

The transcript discusses the rising concerns about economic growth and the need for reforms in China. It highlights projections for growth in 2017 and 2018, emphasizing the importance of transitioning from a credit-fed investment model to one that supports sustainable growth. The text also addresses the risks associated with rapid credit growth and the necessity of reforms to ensure medium-term stability. The shift from investment to consumption and the role of market forces are crucial for mitigating vulnerabilities and preventing potential crises.

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