Business News Great Lockdown: Global economy to shrink by 3%, says IMF China and India are the only bright spot in IMF’s 2020 forecast, growing by 1.2 per cent and 1.9 per cent, respectively. Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window) Related Moving houses to cost more in Dubai amid restrictions UAE economy to rebound in 2021, grow 3.3%: IMF