• China: A patchy recovery for the economy – Goldman Sachs

Market news

6 June 2022

China: A patchy recovery for the economy – Goldman Sachs

Analysts at Goldman Sachs offer their outlook on the Chinese economy, in the face of its emergence from COVID restrictions.

Key quotes

“Expect a patchy to China’s economy, not like the stronger recovery in 2020.”

"The unsynchronized lockdowns and reopenings across major cities suggest that China’s ongoing post-lockdown growth recovery should be less steep than the V-shaped one in spring 2020."

Related reads

  • Coronavirus Update: Beijing to gradually lift restrictions this week
  • USD/CNH eyes to regain 6.6600 as China’s trade, covid optimism battles downbeat PMI
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.