The latest data on China’s economic output to be released on Monday will likely present Xi Jinping’s administration with yet another opportunity to proclaim the country’s rapid recovery from the coronavirus pandemic.
Economists expect the National Bureau of Statistics gross domestic product figures for the last three months of 2020 to consolidate the rebound of the world’s second-largest economy after its historic slowdown last year.
Recent virus outbreaks in Hebei, the province surrounding Beijing, have shown that China is not immune to a significant resurgence of the disease. But its economic recovery and its outlook for the coming year still appeal to the major economies of North America, Europe and the developing world.
Here are five things to watch out for.
The Chinese economy contracted a historic 6.8% year-on-year rate in the first three months of 2020, but avoided a formal recession – two consecutive quarters of contraction …
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- According to the source Five things to watch as China releases fourth quarter GDP
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