World Bank forecasts China's GDP to grow 8.5% in 2021, leading world economic recovery

10.06.2021

The World Bank released the Global Economic Prospects report on Tuesday, forecasting a GDP growth of 8.5 percent in 2021 for China, leading the world economic recovery.

The World Bank attributed China's expected growth to the increase in consumer demand. Record sales during this year's 618 mid-year shopping festival which kicked...