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Economy

China GDP to grow 8.2% in 2021, the most in 10 years: Nikkei survey

Corporate defaults, US tensions and COVID seen as downside risks

Employees make Christmas products at Fuye toy factory in Yiwu, China's Zhejiang Province.   © Reuters

HONG KONG -- China's economy is forecast to expand 8.2% in 2021, the highest growth since 2012, according to a survey of 35 economists by Nikkei and Nikkei Quick News.

Despite the continued strong recovery from its pandemic slump, corporate defaults remain a major downside risk to the world's second-largest economy.

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