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Analysts voice confidence in Chinese economy

From ecns.cn

Many analysts have voiced confidence in the prospects for the Chinese economy despite the potential for short-term slowdowns during the outbreak. Takashi Kodama, head of the Economic Research Department at the Daiwa Institute of Research Group, based in Japan, said China has made noteworthy progress in its economic recovery. China also has taken steps to stabilize foreign trade and investment, injecting renewed confidence into globalization. "Overall, China is telling the world that its economy is sufficiently resilient to withstand the impact of the coronavirus," Kodama said. China will lead a gradual U-shaped ... (full story)

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  • Category: Fundamental Analysis