Xinhua world news summary at 1530 GMT, Jan. 30
WASHINGTON -- The International Monetary Fund (IMF) on Tuesday upgraded global growth forecast to 3.1 percent in 2024, 0.2 percentage point higher than the projection last October, according to its newly released World Economic Outlook (WEO) update.
The upward revision reflects upgrades for China, the United States, and large emerging markets and developing economies, the IMF noted. (U.S.-IMF-Growth Forecast)