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IMF doesn't see China doomsday scenario

Cinese Flag

Doomsday scenarios of a hard-landing in China may have transfixed market watchers, but the International Monetary Fund remains relatively sanguine on the economic outlook.

US GDP growth revised up to 3.9%

Janet Yellen

The US economy grew faster than previously thought in the second quarter of the year, according to new figures that have fanned expectations that the Federal Reserve will raise interest rates before the end of 2015.