An employee works at a Shaanxi Automobile Holding Group factory in Xian, capital of northwest China’s Shaanxi province, on November 2. Photo: Xinhua An employee works at a Shaanxi Automobile Holding Group factory in Xian, capital of northwest China’s Shaanxi province, on November 2. Photo: Xinhua
An employee works at a Shaanxi Automobile Holding Group factory in Xian, capital of northwest China’s Shaanxi province, on November 2. Photo: Xinhua
Aidan Yao
Opinion

Opinion

Macroscope by Aidan Yao

As China’s economy powers up, what’s the growth outlook for 2021?

  • China has succeeded in containing the spread of Covid-19 and is at the forefront in the race for a vaccine, which will boost its economy. However, the scrapping of some stimulus measures will add downward pressure

An employee works at a Shaanxi Automobile Holding Group factory in Xian, capital of northwest China’s Shaanxi province, on November 2. Photo: Xinhua An employee works at a Shaanxi Automobile Holding Group factory in Xian, capital of northwest China’s Shaanxi province, on November 2. Photo: Xinhua
An employee works at a Shaanxi Automobile Holding Group factory in Xian, capital of northwest China’s Shaanxi province, on November 2. Photo: Xinhua
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Aidan Yao

Aidan Yao

Aidan Yao is senior emerging Asia economist at AXA Investment Managers. Prior to joining AXA IM, he was a senior financial market analyst at the Hong Kong Monetary Authority for two years. He started his career at the Reserve Bank of New Zealand in 2007, serving as an economist and later senior financial market analyst until late 2011. He holds a master degree in finance (2006) and a bachelor degree in economics and finance (2005) from the University of Otago (NZ). He is also a chartered financial analyst.