Economists optimistic about China economy ahead of GDP data next week
Economists optimistic about China economy ahead of GDP data next week

Economists optimistic about China economy ahead of GDP data next week

 

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Economists are optimistic that the world's second largest economy is on track for a gradual recovery and most of them believe it returned to expansion in the second quarter of 2020.

The National Bureau of Statistics is scheduled to release several key economic data for the second quarter, including GDP growth, next Thursday.

“The Chinese economy has continued to regain growth momentum,” said Aidan Yao, senior economist at AXA SA in Hong Kong. “With industrial production and services output both resuming growth, we now expect a positive GDP growth print for the . . .

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