China’s economy looks more balanced than it did in the first half of 2020, when factories pumped out supply even as consumer demand struggled to keep pace amid the coronavirus pandemic. Photo: Bloomberg
China’s economic rebound shows upside to ‘stringent lockdowns, testing, tracking’, analysts say
- Recovery in world’s second-largest economy looked more balanced in the third quarter of 2020, with services gaining momentum and growth set to continue into 2021
- Questions raised about historical revisions to economic data, even if general consensus is that China’s economic rebound is genuine
China’s economy looks more balanced than it did in the first half of 2020, when factories pumped out supply even as consumer demand struggled to keep pace amid the coronavirus pandemic. Photo: Bloomberg