Headline: IMF Warns China's Growth Could Plunge Below 4%

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Headline: IMF Warns China's Growth Could Plunge Below 4%

International Monetary Fund (IMF) Managing Director Kristalina Georgieva expressed concerns today about China's economic growth during a press conference. Georgieva warned that unless China implements reforms aimed at boosting domestic consumption, the country's annual economic growth could fall significantly below 4%. One of the key issues highlighted by Georgieva is the downturn in China's real estate sector, which is seen as a critical factor affecting consumer confidence. She emphasized the need for measures to address the problems in this sector. These remarks were made during the IMF's annual meetings currently taking place in Washington.