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China’s economy set for V-shape recovery as coronavirus cases level off soon and stimulus kicks in, says Credit Agricole CIB

Summary:
[unable to retrieve full-text content]The coronavirus outbreak in China has almost reached its peak and the economy could see a V-shape recovery, according to Credit Agricole CIB.The French investment bank expects China’s first-quarter gross domestic product growth to slow to 3.5 per cent year on year before averaging 5.7 per cent for the full year on the back of policy stimulus to put the economy back on track, according Dariusz Kowalczyk, the bank’s chief China economist and senior emerging market strategist.Without the central…

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[unable to retrieve full-text content]
The coronavirus outbreak in China has almost reached its peak and the economy could see a V-shape recovery, according to Credit Agricole CIB.The French investment bank expects China’s first-quarter gross domestic product growth to slow to 3.5 per cent year on year before averaging 5.7 per cent for the full year on the back of policy stimulus to put the economy back on track, according Dariusz Kowalczyk, the bank’s chief China economist and senior emerging market strategist.Without the central…

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