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China GDP: economy set to confirm recovery from coronavirus, but new cases cloud outlook

Summary:
[unable to retrieve full-text content]China is expected to confirm on Monday that it was the world’s first major economy to overcome the damage caused by the coronavirus pandemic and post positive growth for 2020, although the world’s second largest economy still faces a bumpy road ahead.Last year’s gross domestic product (GDP) is expected to have grown by 2.1 per cent, according to a Bloomberg poll of economists, a sharp decline from a revised 6.0 per cent in 2019, and the lowest growth rate in 44 years.However, even weak growth…

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[unable to retrieve full-text content]
China is expected to confirm on Monday that it was the world’s first major economy to overcome the damage caused by the coronavirus pandemic and post positive growth for 2020, although the world’s second largest economy still faces a bumpy road ahead.Last year’s gross domestic product (GDP) is expected to have grown by 2.1 per cent, according to a Bloomberg poll of economists, a sharp decline from a revised 6.0 per cent in 2019, and the lowest growth rate in 44 years.However, even weak growth…

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