Chinese economy continues to roar with 10% growth forecast next year ...News

Chinese gross domestic product (GDP) will get a substantial boost next year due to a rebound in consumption and services, accelerating income growth and fiscal stimulus, international economic research firm Capital Economics says. The Chinese economy is projected to grow by 10 percent in 2021, higher than the current market consensus of 7.9 percent, according to the company’s analysts. “Looking ahead, while the analyst consensus has turned more upbeat in recent months, we think there is still room for further upside surprises,” the latest research note by the London-based consultancy reads. Also on rt.com

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