Market news
06.06.2022, 03:36

China: A patchy recovery for the economy – Goldman Sachs

Analysts at Goldman Sachs offer their outlook on the Chinese economy, in the face of its emergence from COVID restrictions.

Key quotes

“Expect a patchy to China’s economy, not like the stronger recovery in 2020.”

"The unsynchronized lockdowns and reopenings across major cities suggest that China’s ongoing post-lockdown growth recovery should be less steep than the V-shaped one in spring 2020."

Related reads

  • Coronavirus Update: Beijing to gradually lift restrictions this week
  • USD/CNH eyes to regain 6.6600 as China’s trade, covid optimism battles downbeat PMI

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