What to Expect Ahead of China Q1 GDP

From orbex.com

The markets are on tenterhooks ahead of the release of the first GDP figures from one of the world’s major economies for the first quarter. Most of the world saw a second wave of covid cases far exceeding the first, with a return of extended lockdowns. Europe is projected to slip back into a technical recession. But, China is expected to once again be the stand-out and exception. Which is not surprising, because the country has been engaged in massive spending on infrastructure to support its domestic market. It’s this investment that has been propping up commodity prices. Getting a precise figure is somewhat ... (full story)