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Economy

China 2021 GDP to beat target on COVID bounce: Nikkei survey

Economy expected to surpass US as top economy in early 2030s

Analysts are watching if vaccination delays in China would disrupt production and dampen consumption. People sit at a vaccination site after receiving a dose of a COVID-19 vaccine in Shanghai, January 19, 2021.   © Reuters

HONG KONG -- China's economy looks to expand 17.9% for the January-March quarter, a growth figure inflated by the coronavirus-related crash in the year-ago period, a survey of 32 economists by Nikkei and Nikkei Quick News finds.

The economists predict 1.0% growth on a seasonally adjusted, quarter-on-quarter basis for the first three months of 2021, as momentum slows from a 2.6% gain in the fourth quarter of 2020.

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