The International Monetary Fund trimmed its forecasts for economic growth in China, and said the trade war with the U.S. is tilting the balance of risks to the downside. The world’s second-largest economy is forecast to expand by 6.2% this year and 6.0% in 2020, a 10th of a percentage point down from the previous estimate in both cases, the fund said at a briefing in Beijing Wednesday. “China and its partners should work constructively to address shortcomings in the trading system,” the fund said in a release on the completion of its annual Article IV mission to China. At the same time, the...
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