The latest report from the International Monetary Fund (IMF) shows that the global economy will maintain a moderate and weak recovery in 2026, with the growth rate expected to slightly decrease from 3.2% in 2025 to 3.1%, and the characteristics of structural differentiation will become increasingly prominent. The overall growth rate of developed economies will remain at 1.6%, while emerging markets will continue to be the global growth engine with a growth rate of 4.0%.
The U.S. economy is expected to maintain resilience, with a growth rate ranging from 1.5% to 2.1% in 2026. Consumption will continue to underpin the economy, and the Federal Reserve may implement 1-2 more interest rate cuts after the December rate cut. The economic growth rate of the Eurozone has been revised down to 1.1%. Germany has shown signs of recovery due to fiscal expansion, while Spain leads major Eurozone economies with a growth rate of 2%. Japan’s economic growth rate is expected to be 0.6%, showing a pattern of strong stocks and weak bonds under moderate inflation.
China’s GDP growth rate is expected to stabilize at 5.0% in 2026. Fiscal policy will be more proactive, with the narrow deficit ratio maintained at around 4%, and monetary policy will focus on structural tools. Emerging markets such as India and Vietnam have performed brilliantly. India’s growth rate is expected to reach 6.5%, while Vietnam has attracted capital through infrastructure investment and digital economy pilots, with the IMF predicting its growth rate to reach 5.6%. Institutions suggest allocating standard positions in U.S. stocks, A+H shares, and emerging market assets, and seizing the main themes of dividend and technological growth.