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China's economic recovery to quicken in fourth quarter, herald stronger 2021

2021-01-18 08:58:55       source:Reuters

January 18, 2021


BEIJING (Reuters) - China’s economic recovery likely accelerated in the fourth quarter, driven by stronger demand at home and abroad and policy stimulus which is expected to provide a solid boost into 2021.


The gross domestic product (GDP) numbers, due early on Monday, will be closely watched around the world, especially as many countries continue to grapple with the COVID-19 pandemic and China battles resurgent cases in parts of the country.


Analysts polled by Reuters forecast GDP grew 6.1% in October-December from a year earlier, accelerating from the third quarter’s 4.9% pace.


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https://www.reuters.com/article/us-china-economy-gdp/chinas-economic-recovery-to-quicken-in-fourth-quarter-herald-stronger-2021-idUSKBN29M0QW