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Column: U S spillover risks stifling Europe and spurring ECB into action reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
A massive second-half recovery : Biden, China and the global economy
23 Jan, 2021 09:00 PM
9 minutes to read
Surging optimism about a boom in 2021 depends on heavy public spending and a rapid rollout of new Covid vaccines. Photo / Getty Images
Financial Times
By: Chris Giles in London
Flurries of snow may have greeted Joe Biden as he stepped out for his inauguration as US president on a windy Wednesday in Washington, but financial markets were not concerned about the weather. The past week has seen China post figures showing its economy avoided a contraction in 2020 and a new US administration promising to act big and pump up the economy.
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