Will China Lead The Global Recovery – Free PDF Download

China’s manufacturing sector made a  surprise recovery in March.

• The official Purchasing Manager’s Index (PMI) was 52 for the month, compared with a record low of 7 in February.
• China’s non-manufacturing PMI – a gauge of sentiment in the services and construction sectors –  also recovered to 3 from 29.6 in February.

INDIA’S MANUFACTURING & SERVICES PMI

WHAT COULD BE CHINA’S GROWTH RATE?

• But while it tiptoes to recovery, we don’t really know how it will pan out.
• The optimistic projection is that growth could be 3%, the worst case scenario is no growth at all.

STIMULUS PACKAGE

• While China came out with a huge stimulus package post the 2008 GFC, they are pretty restrained in 2020.
• The S., European countries, Japan, and India are all looking at rescue packages or economic stimulus plans.
• Strangely, not China.
• In the coming months they may come out with some

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