China's economic recovery could be 'very impressive' — but the U.S. stands in the way, says economist

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China's economic recovery could be 'very impressive' — but the U.S. stands in the way, says economist
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China's economic recovery could be 'very impressive' — but U.S. stands in the way, says economist

The economic recovery in China, where the coronavirus first emerged, is "going to look very impressive," said Michael Spencer, Deutsche Bank's chief economist and head of research for Asia Pacific.

China's economy is improving and could register "very impressive" growth — but the U.S. is the biggest risk that could derail that recovery, a Deutsche Bank economist said on Monday.pandemic. Restrictions that include workplace closures and stay-at-home orders significantly cut down economic activity worldwide — dampening any prospects for growth this year.

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