Could China’s economic rebound blow past expectations?
SINGAPORE (Apr 3): The novel coronavirus crisis continues to dominate the headlines and remains the primary driver of financial markets and the economic outlook. However, while we are all focused on the immediate issues of the rate of new infections and deaths and so on, are there other factors that we might be under-estimating which could hit markets or the economy?
If we look beyond the direct effects of the coronavirus crisis, there seem to be four areas of potential surprise: an upside surprise in the Chinese economy; the risk of an emerging market crisis; a bad turn in US-China relations; and the oil market rout turning nastier than expected for the world.
