China set an economic growth target of “above 6 per cent” for 2021, but Premier Li Keqiang admitted earlier this week that growth this year could exceed a target. Photo: Reuters

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Economy / China Economy

China GDP: nation to lead East Asian, Pacific economic recovery in 2021 with 8.1 per cent growth

World Bank’s latest East Asia and Pacific Economic Update predicts China’s economy will expand by 8.1 per cent in 2021

China’s central bank estimates the maximum the economy can expand without fuelling inflation, known as the potential growth rate, is under 6 per cent in the next five years.

China trade

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China GDP: nation to lead East Asian, Pacific economic recovery in 2021 with 8.1 per cent growth

World Bank’s latest East Asia and Pacific Economic Update predicts China’s economy will expand by 8.1 per cent in 2021 China’s central bank estimates the maximum the economy can expand without fuelling inflation, known as the potential growth rate, is under 6 per cent in the next five years.

World Bank’s latest East Asia and Pacific Economic Update predicts China’s economy will expand by 8.1 per cent in 2021

China’s central bank estimates the maximum the economy can expand without fuelling inflation, known as the potential growth rate, is under 6 per cent in the next five years.