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China using good times to put house in order: Carlos Casanova of UBP

Carlos Casanova, UBP

Having come out of the COVID-19 pandemic’s economic fallout sooner than the rest of the world, China is utilising the good times to undertake long due reforms, according to Union Bancaire Privée. The “strong favourable base effect” witnessed by the country in 1Q21, with an economic expansion of 18.3% YoY, “means that Chinese policymakers do not have to worry about…

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