The IMF has concluded the 2025 Article IV Consultation with China. Growth is projected at 4.5% in 2026, but deflationary pressures persist. We recommend more forceful policy support to boost consumption by increasing social spending and resolving the property sector. https://www.imf.org/en/news/articles/2026/02/18/pr-26053-china-imf-executive-board-concludes-2025-article-iv-consultation(IMF)