IMF upbeat on China's 2019 growth

Prospects supported by expected stability, policies, analysts say

The International Monetary Fund said on Tuesday that it expects China's economy to grow 6.3 percent in 2019 - up 0.1 percentage point from its prediction in January. Analysts said the world's second-largest economy is set to remain stable as authorities continue to implement supportive policies.

The latest World Economic Outlook, released at the start of the spring meetings of the IMF and the World Bank in Washington, also predicted the United States economy would grow 2.3 percent this year, 0.2 percentage point lower than the IMF's earlier forecast.