A potential global economic rebound in the second half of 2021, in the wake of coronavirus vaccination programs, could drive China’s GDP growth past 8.5%, Ma Jun, a member of the People Bank of China’s (PBOC) monetary policy committee said in an MNI interview on Friday. Key quotes “There was no danger of deflation in the world’s second-largest economy.“ “Chinese exports could surge if OECD countries manage to vaccinate most of their populations by the end of June.” “While some Chinese products which have benefitted from Covid disruption elsewhere would be displaced as western supply chains crank back to life, overall, the resumption of growth in the U.S. and Europe would help China’s exports.” “A robust U.S. recovery could also drive a rally in the dollar index.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin rally hits pause, crypto bull cycle still on track FX Street 2 years A potential global economic rebound in the second half of 2021, in the wake of coronavirus vaccination programs, could drive China's GDP growth past 8.5%, Ma Jun, a member of the People Bank of China’s (PBOC) monetary policy committee said in an MNI interview on Friday. Key quotes “There was no danger of deflation in the world's second-largest economy.“ “Chinese exports could surge if OECD countries manage to vaccinate most of their populations by the end of June.” “While some Chinese products which have benefitted from Covid disruption elsewhere would be displaced as western supply chains crank back to life,… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
