Here's your summary from Gopinath on IMF's China Growth Forecast (https://www.youtube.com/watch?v=hC6MBozBKlg) on the Bloomberg Television channel:

**TLDR:** IMF has raised China's growth projection for 2024 and 2025 to 5% and 4.6% respectively, citing better than expected GDP numbers and policy announcements as drivers.

1. China's economy is recovering, with consumption on the rise but private investment still weak due to issues in the property sector.

2. More policy steps are needed, particularly in completing pre-sold housing and providing support to low-income households to boost the economy.

3. Concerns about a new trade war and industrial policies impacting global trade and economic stability were discussed at the G7 meeting.

#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro

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