Economic conditions in China have changed dramatically over the past six months. The COVID-19 pandemic and measures taken to contain it have triggered a combined demand and supply shock. While supply side constraints have eased, weak domestic and external demand continues to restrain the pace of recovery, despite the measures taken to contain the economic fallout. But with good policies, the recovery poses opportunities to further inclusive, sustainable and greener growth, according to Leaning Forward – COVID-19 and China’s Reform Agenda, the World Bank’s China Economic Update for July 2020.
This site uses cookies to optimize functionality and give you the best possible experience. If you continue to navigate this website beyond this page, cookies will be placed on your browser. To learn more about cookies, click here.
