IMF Downside Scenario for China is 4% GDP Growth but China could counter with Stimulus if Needed
IMF China Economic Outlook, Feb 6, 2012 (10 pages) A storm emanating from Europe would hit China hard * China’s growth rate would drop abruptly if the Euro area experiences a sharp recession * But China has room for a countervailing fiscal response, and should use that space * Unlike 2009–10, any stimulus should be …