China, India forecast to lead 5.4 per cent global GDP rebound in 2021, but vaccine roll-out crucial: Moody’s

• Moody’s Analytics expects the global economy to grow by 5.4 per cent in 2021, upgrading its February forecast of 4.9 per cent
• However, the estimate is predicated on a successful vaccine roll-out, with herd immunity unlikely to occur before mid-2024