We expect growth in the global economy to remain subdued out to 2026.
Insight
Mixed signals – some risks from China’s incomplete recovery.
The latest Chinese economic data showed that its economy recovered in Q2, however the results were highly mixed – with a range of sectors still struggling. The uneven recovery has the potential to build on existing issues within the economy, which could have economic and social ramifications in the longer term.
For further details, please see the China Economic Update – August 2020.
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