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Fitch upgrades its China growth forecast for 2021

Fitch upgrades its China growth forecast for 2021

Posted By: Editorial Teamon: December 10, 2020In: ECONOMY, NEWSNo Comments

 Fitch Ratings raised its forecast this week for China’s economic growth next year, based on increased domestic demand and expectations for coronavirus vaccine deployment. Fitch now expects China’s gross domestic product to expand 8% in 2021, up from the 7.7% rate forecast in September. “This would be well above our estimate of China’s long-term growth […] Read more

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