- China looks to be on course for a V-shaped economic recovery from its coronavirus hit, growing 11% in the second quarter of 2020 compared to the first.
- But economist Miguel Chanco, of Pantheon Macroeconomics tells Business Insider he expects China GDP to fall by 1.2% in 2020.
- China, however, is the only major economy that will see a V-shape, two economists told Business Insider. Most major nations will see W- or swoosh-shaped recoveries.
- Visit Business Insider's homepage for more stories.
When China's GDP bounced 11% quarter-on-quarter in Q2, it affirmed views that the world's most populous and thw first country hit by the coronavirus pandemic may be on course for a V-shaped recovery, something which has become more of a fantasy elsewhere in the world.
China is will ahead of the game in terms of its recovery, but how did it get there, and what's to come for the world economy?
See the rest of the story at Business Insider
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