- Analytics
- News and Tools
- Market News
- China: Back in business – NAB
China: Back in business – NAB
FXStreet reports that it may be some time before China returns to normal activity levels given the likely slower recovery in confidence and the weaker global economic environment due to the virus spread, Gerard Burg from the National Australia Bank reports.
"We expect an unprecedented decline in China's GDP in Q1, down by 12% yoy."
"We expect the rebound in China's economy will be spread across Q2 and Q3. For the full year, we now forecast no growth."
"Due to the weakness in early 2020 (particularly in Q1), the resumption of normal activity in China will result in a rapid acceleration in annual growth in 2021, now revised up to 10.9%."
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
