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

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

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

China is expected to lead the recovery of East Asian and Pacific economies this year, but many nations will record sub-par growth as they struggle to emerge from the coronavirus pandemic, according to new World Bank forecasts released on Friday.The World Bank’s latest East Asia and Pacific Economic Update predicts China’s economy will expand by 8.1 per cent in 2021, compared with 2.3 per cent the previous year, powering a 7.4 per cent region-wide expansion, up from 1.2 per cent in 2020…

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By | 2021-03-26T02:03:04+00:00 March 26th, 2021|Headlines|Comments Off on China GDP: nation to lead East Asian, Pacific economic recovery in 2021 with 8.1 per cent growth