China’s gross domestic product (GDP) would increase 10 percent and it’s
the economy would continue to be a global outperformer in 2021 while the Chinese central bank will start to hike lending rates next year,
according to a recent research note by an international economic research firm Capital Economics.
Chinese GDP would expand 10 percent in 2021,
higher than the current market consensus of 7.9 percent, thanks to the tailwind from fiscal stimulus,
rebound in consumption and services, accelerating income growth and flattering base effects, said the note.