A municipal worker wearing a protective face mask walks next to a construction site in Beijing. The epidemic has brought economic activity in many sector, including real estate, to a standstill for the past two weeks. Photo: EPA-EFEA municipal worker wearing a protective face mask walks next to a construction site in Beijing. The epidemic has brought economic activity in many sector, including real estate, to a standstill for the past two weeks. Photo: EPA-EFE
A municipal worker wearing a protective face mask walks next to a construction site in Beijing. The epidemic has brought economic activity in many sector, including real estate, to a standstill for the past two weeks. Photo: EPA-EFE

China’s economy set for V-shape recovery as coronavirus cases level off soon and stimulus kicks in, says Credit Agricole CIB

  • The French bank sees first-quarter growth easing to 3.5 per cent, full-year expansion at 5.7 per cent as Beijing cuts rates and injects liquidity
  • Yuan to strengthen to 6.9 per US dollar as the economy gets back on track as early as the second quarter, economist says
Topic |   China economy
A municipal worker wearing a protective face mask walks next to a construction site in Beijing. The epidemic has brought economic activity in many sector, including real estate, to a standstill for the past two weeks. Photo: EPA-EFEA municipal worker wearing a protective face mask walks next to a construction site in Beijing. The epidemic has brought economic activity in many sector, including real estate, to a standstill for the past two weeks. Photo: EPA-EFE
A municipal worker wearing a protective face mask walks next to a construction site in Beijing. The epidemic has brought economic activity in many sector, including real estate, to a standstill for the past two weeks. Photo: EPA-EFE
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