China in 2H20: Stronger recovery, credit growth and elevated trade tensions

8 September 2020 | 4 minutes read

Supported by fiscal measures, China’s economic recovery will broaden in 2H20, but a financial and technological decoupling against the background of mounting US-China tensions may pose a risk, according to a UBS report. After a steep 6.8% contraction in 1Q20, China’s economy rebounded 3.2% YoY in 2Q20. UBS Global Wealth Management (GWM) said it expected the country’s GDP to grow…

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