China’s economy will grow 4.8 per cent in 2025 before growth moderates to 4.2 per cent in 2026, according to the latest projection by the International Monetary Fund (IMF) – a sign of cautious optimism from the agency even as US-China ties remain volatile.The forecast for 2025 is 0.3 percentage points higher than the IMF’s previous estimate from a similar report last October, with the body saying the change reflected “a stronger-than-expected outturn in the past few quarters”.The Chinese...