Chinese economy is starting to slow down substantially: QNB ...Qatar

The Chinese economy is already starting to slowdown substantially although the pandemic shock has been limited and short, followed by a quick recovery for the country, QNB has said in an economic commentary. China has been outperforming all major economies for decades, becoming one of the world’s most important growth engines. This pattern of Chinese outperformance has continued last year, as the Covid-19 pandemic ravaged activity across continents. In fact, China was the only major economy to present positive GDP growth in 2020, with the economy expanding by 2.3%, versus a contraction of 3.5% and 6.5% for the US and the Euro area, respectively. After experiencing a strong out-turn of 18.

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Chinese economy is starting to slow down substantially: QNB ...Qatar

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