By Vivek Kumar China’s economic growth forecast has been revised upwards by the International Monetary Fund (IMF), indicating a 5 per cent expansion for the current year. This adjustment comes on the heels of a strong first quarter. That aligns closely with the government’s target of around 5 per cent for the current year. This goal, which some economists view as ambitious, reflects China’s efforts to navigate challenges such as a slowdown in the real estate market and declining investor confidence. However, the IMF issued a cautionary note, advising the world’s No. 2 economy to scale back cer…