Day: January 19, 2021

China

China to Support Economic Recovery, Plans to Avoid ‘Policy Cliff’

China will provide necessary policy support for 2021 economic recovery to avoid a “policy cliff.” Small companies remain beleaguered amid the pandemic, said a senior official at the state planner on Tuesday. The Chinese economy sped up in Q4, with growth beating expectations. It got through a rough COVID-19-stricken year in remarkably good shape. Furthermore, …

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Asian shares

Shares Up over China’s Economic Recovery, Earnings in Focus

Asian shares rose on Tuesday as investors’ confidence in China’s economic strength would help support growth in the region. That is even as pandemic lockdowns threatened to lengthen the road to recovery in the West. Monday’s data had confirmed China as one of the few to grow over 2020. Moreover, it picked up speed as …

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