China’s economy has bounced back from coronavirus in a V-shaped recovery, but ‘now comes the hard part,’ analysts say

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Chinese industrial production bounced back in a ‘V-shaped’ recovery in April, but research shows its momentum is likely to fade in the short-term. A global rebound may be impacted by slow-moving investment in sectors reliant on household spending, according to Pantheon Macroeconomics. China’s industrial output rose 3.9% in April year-on-year, after sliding in the first three months of the year during coronavirus lockdown. “Only so much inventory build is justifiable in the current climate, even if external demand roars back in the third quarter,” Freya Beamish, chief Asia economist at Pantheon, wrote in a note. Visit Business Insider’s

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