UBS: China’s economic growth may reach 7%
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Update time : 2020-10-23 20:15:38
According to the report from the United Bank of Switzerland (UBS), it predicted Chinese economic growth would reach 7% or above in 2021.
The main reason for the optimism future for the Chinese economy was supported by the Chinese government’s 14th five-year plan, which expected to expand the infrastructure investment.
However, the main risk was still the trade conflict with the US, which lead the global economy to become more complicated than before.
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
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