China set for higher GDP growth in 2021 amid policy support, vaccine rollouts
The Chinese economy is on track to expand further in 2021 amid continued policy support and vaccine rollouts after a series of stimulus measures and early containment of COVID-19 helped the nation become the only major economy in the world to avoid a GDP decline last year.
China’s GDP grew 2.3% in 2020. While the print was the slowest annual growth rate since 1976, it surpassed S&P Global Ratings’ forecast of a 2.1% rise…
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SOURCE: S&P GLOBAL