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 The U.S. economy is looking red hot this year while China is showing signs of fatigue, top economists say
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The U.S. economy is projected to grow 2.7% this year, double the rate of the next closest country in the G7. China's growth is projected to slow to 4.6% for the year. China's real estate crisis could exacerbate its economic problems. The U.S. performance in the years to come is uncertain due to still-elevated inflation numbers. The IMF and Fed Chairman Jerome Powell express concerns about inflation. The U.S. economy reflects strong demand factors and a fiscal stance that is out of line with long-term fiscal sustainability.

#UsEconomy #ChinaEconomy #EconomicGrowth #Imf #Inflation #RealEstateCrisis

https://fortune.com/2024/04/16/us-economy-vs-china-growth-imf-world-economic-outlook-real-estate-inflation/