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CONF: China’s economic growth to slow after pandemic


China’s nominal economic growth is very likely to slow down after the COVID-19 years, mainly because of the changes in China’s population structure and the deceleration in investment growth, Xu Xiaoqing, chief economist of DH Fund Management Co shred on July 28 at the 5th China Steel Derivatives International Conference 2021 (CSDIC) in Shanghai.
Slower economic growth, in turn will also reduce the country’s demand for bulk commodities including ferrous products, he said, adding that 2021 with the ongoing COVID-19 marks the divide in China’s economic development not because of its impact, but just the timing. Over January-June, China’s nominal gross domestic product (GDP) growth


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