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Cornerstone Blog China’s economy may expand by 9 percent in 2021, helping to overtake the US sooner

China’s economy may expand by 9 percent in 2021, helping to overtake the US sooner

January 7, 2021 by Cornerstone International Group Leave a Comment

China’s economic growth could reach as high as 9 percent next year,

and its rapid rebound from the coronavirus pandemic may help the economy overtake the US to become the world’s largest later this decade, analysts said.

But Beijing is likely to roll back some of its stimulus measures used to offset the coronavirus damage amid concerns over its record-high debt level,

they added.

Expectations over 

China’s economic outlook

Have turned bullish in recent weeks,

With the world’s second-largest economy leading the global recovery from the impact of the coronavirus with its robust export growth,

strong government spending and a low infection rate.

Read the the full article here…

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Filed Under: Cornerstone Blog Tagged With: #china, #economy

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