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ASIA:
China’s growth is likely to moderate in the coming months as the country faces risks on two fronts, according to the chief Asia economist of Goldman Sachs. Goldman Sachs economist Andrew Tilton said the policy makers are quite comfortable with the recovery so far and are starting to pull back on policy stimulus to some degree. The world’s second-largest economy showed robust GDP growth in the fourth quarter of 2020, expanding at 6.5% compared to a year ago. It beat market expectations and made China one of the few major economies in the world to record positive growth for a year mired by the coronavirus pandemic.
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Market talk: The world’s second-largest economy showed robust GDP growth in the fourth quarter of 2020ANALYSIS |
2/3/2021 5:48:52 AM GMT
ASIA
China’s growth is likely to moderate in the coming months as the country faces risks on two fronts, according to the chief Asia economist of Goldman Sachs. Goldman Sachs economist Andrew Tilton said the policy makers are quite comfortable with the recovery so far and are starting to pull back on policy stimulus to some degree. The world’s second-largest economy showed robust GDP growth in the fourth quarter of 2020, expanding at 6.5% compared to a year ago. It beat market expectations and made China one of the few major economies in the world to record positive growth for a year mired by the coronavirus pandemic.
SINGAPORE (The Straits Times/ANN): Singapore is working to grow its strong manufacturing base and seeks to attract the top players to anchor their operations here, said Trade and Industry Minister Chan Chun Sing on Monday (Feb 1).
The Straits Times
Singapore to grow manufacturing base, attract top industry players: Chan Chun Sing
Trade and Industry Minister Chan Chun Sing looks at one of biotech firm Illumina s machines during a tour to the company s facility on Feb 1, 2021. PHOTO: MINISTRY OF TRADE AND INDUSTRY
https://str.sg/JKyG
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