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China’s Growth Set to Drive World Economy in Post-Pandemic Years

  • U.S. to be 2nd-biggest contributor to global growth, IMF says
  • Fund sees rising inequality in divergent recovery after slump
Pedestrians wearing protective masks walk through the Lujiazui financial district in Shanghai, China, on Tuesday, Dec. 1, 2020. China unexpectedly added medium-term funding to the financial system on Monday, as the central bank sought to ease liquidity tightness in the final weeks of the year.
Photographer: Qilai Shen/Bloomberg

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China will drive global economic growth in the coming years as the world recovers from an pandemic that’s killed 2.9 million people, the International Monetary Fund predicts.