China GDP: economic growth tipped to slow amid coronavirus, property crackdown and debt reduction campaign

Source: China – South China Morning PostChina’s economic growth is likely to slow further in the last quarter of 2021 amid fallout from the Evergrande crisis and a resurgence of Covid-19 outbreaks, according to analysts.The world’s second largest economy is expected to report its gross domestic product (GDP) figures for last year on Monday, with analysts in a Bloomberg survey predicting a 3.6 per cent expansion in the fourth quarter, down from 4.9 per cent in the previous quarter.GDP growth for 2021 is likely to be 8 per cent,…Read More

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