While being first to be hit with COVID-19, China’s economy has turned out to be an outlier amid the pandemic-induced global recession: it experienced a strong rebound after a rather gloomy 1Q20, took a more restrained and orthodox approach to monetary and fiscal policies, and called for a “dual-circulation” strategy to compensate lagging overseas markets with domestic demand. In the…
Emerging from COVID-19 in flying colours? – A recap of China themes in 2020
