Forecast of Chinas Economy for 2021 - Part II | Liang Hong, Xu Gao

Published: July 22, 2021, 11:21 p.m.

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Both the United States and China are seeing a rapid rebound from the economic damage brought on by the COVID-19 pandemic. The World Bank\\u2019s recent report forecasts GDP growth of 8.5 percent in 2021 for China, leading the world\\u2019s economic recovery. Does this bullish outlook accurately reflect the reality of China\\u2019s economic development in the second half of 2021 and beyond? What are potential obstacles Beijing could face from challenging issues such as weak domestic consumption, trade imbalances, and income inequality?

On July 15, 2021, the National Committee, in partnership with Peking University\\u2019s National School of Development (NSD), held a virtual program with Dr. Liang Hong and Dr. Xu Gao to forecast China\\u2019s economy for the second half of 2021 and beyond.

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