China’s Economy to Grow 19% (Q1,2021) Reuters15 Apr 2021 11:22
Strix Group will hugely benefit from a Booming China Economy & Rebounding Global Economic Growth.
BEIJING (Reuters) -China's economy likely grew at record pace of 19% in the first quarter, rebounding from a pandemic slump early last year as demand recovered at home and abroad and as policy support for ailing smaller firms continued, a Reuters poll showed.
"We expect a strong bounce back in Q1 GDP this year, mainly driven by the low base in Q1 2020, but also due to higher exports and improving domestic demand," said Raphie Hayat, Senior Economist with Rabobank.
"This will moderate later in the year, but we still expect China to easily beat its growth target of 'above 6%' for 2021."