Employees work on a production line at a Dongfeng Honda factory after the lifting of the Wuhan lockdown on April 8. Photo: Reuters
Qian Wang
Opinion

Opinion

Macroscope by Qian Wang

China’s economy is recovering from the coronavirus, but don’t expect it to ‘save’ the global economy

  • The latest data gives confidence that China’s economy should slowly return to normal by the end of the year. But developed economies’ recovery won’t mirror China’s
  • Beijing’s priority is to steady the economy. It’s likely to favour measured support over any large-scale stimulus that could risk its financial stability
Employees work on a production line at a Dongfeng Honda factory after the lifting of the Wuhan lockdown on April 8. Photo: Reuters
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