CHINA 2021 Q1 – CONTINUED GROWTH IN ECONOMIC INDICATORS

On the 16th of April 2021, the Chinese government published the quarterly economic data for the first quarter of 2021. Even though the results seem remarkable, the figures are misleading due to significant downturn experienced in Q1 2020. However, when comparing to the first quarter of 2019 and to the previous quarters, the economy shows continued growth after the downturn experienced in the first half of 2020.

China Economic Overview – Q1 2020

Last week the Chinese government published the highly anticipated economic data for the first quarter of 2020. In the article we highlight the most important takeaways of the economic data which has just been released.