China was roughly one-quarter ahead of most of the developed world in COVID-19 progression. It may be three or four quarters ahead in economic normalization.
China’s GDP growth slowed to 6.4% in the fourth quarter of 2018, providing evidence of the U.S.-China trade war’s economic toll. Vanguard’s Qian Wang looks at the trade talks and whether Chinese stimulus measures will foster economic stability.
Vanguard’s Qian Wang says the chance of a trade war between China and the U.S. has increased but there is still hope for a deal.