China GDP: economy could grow 8-9 per cent this year from low 2020 base, central bank adviser says – S. China Post

China’s gross domestic product (GDP) could expand by 8 to 9 per cent in 2021 as it continues to rebound from the coronavirus, pandemic, Liu Shijin, a policy adviser to the People’s Bank of China, said on Friday.This speed of recovery would not mean China has returned to a “high-growth” period, said Liu, as it would be from a low base in 2020, when China’s economy grew by 2.3 per cent.Analysts from HSBC this week forecast that China’s economy would grow 8.5 per cent this year, leading the global…