The U.S. economy will continue to be the developed world’s best performer in 2025 giving President-elect Donald Trump a running start on his plan to spur faster growth, the International Monetary Fund said.

The U.S. economy has separated itself from the global pack — and its lead could widen in the new year. That’s the upshot of a new forecast by the International Monetary Fund, the organization created at the end of World War II to support the global economy.

China’s economy grew more than expected in the last three months of 2024, official data showed on Friday, as it awaits the likely imposition of fresh tariffs by US President-elect Donald Trump, who takes office next week.

Shares are mostly lower in Asia after China reported that its economy grew at a 5% annual pace last year, hitting the government's target but slowing from the year before

Analysts say they see signs of malaise in China’s domestic economy, but those problems were offset mainly by robust exports and a $1 trillion trade surplus.

China recorded one of its slowest rates of economic growth in decades last year, data showed Friday, as leaders nervously eye a potential trade standoff with the US President-elect Donald Trump. Beijing has in recent months announced its most aggressive support measures in years in a bid to reignite an economy that has suffered on multiple fronts,