The Emergence of a Low Growth China

What is Behind China’s Modest Economic Recovery?

According to the IMF, the Chinese economy contracted 6.8% in the first quarter of this year. Most analysts expect modest recovery in the second half of the year, with an anticipated 2020 full year growth rate of 0.5% to 2%, depending on the course of the virus, among other factors. Most forecasts by China watchers for 2021 foresee a relatively strong recovery, generally between 6% and 8%.