'It's not just looking at things still depressed. It's looking at where the bottom is and are we starting to march our way upward?'JP Morgan Chase global economist Joseph Lupton said.
China's economy will grow 15% in the second quarter on a quarter-on-quarter, annualized basis, JPMorgan Chase's Joseph Lupton said.
"It's not just looking at things still depressed. It's looking at where the bottom is and are we starting to march our way upward?" Lupton told CNBC. "It's not just looking at things still depressed. It's looking at where the bottom is and are we starting to march our way upward?" Lupton said. Lupton said he also projects increased fiscal stimulus from China's central bank, aiding the country's ability to recover economically.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Dashboard of a downturn: coronavirus starts to set off some recession alarm bellsWill China's coronavirus outbreak send the world economy into recession?
Les mer »
Stocks Fall Sharply On Coronavirus FearsU.S. stocks fell sharply Monday as investors worried about a growing number of coronavirus infections outside China, and possible fallout for the global economy.
Les mer »
Dow Tumbles More Than 1000 Points On Fears Of Coronavirus PandemicU.S. stocks fell sharply Monday as investors worried about a growing number of coronavirus infections outside China, and possible fallout for the global economy.
Les mer »
German economy nears stagnation in first quarter with coronavirus outbreakGermany's economy is nearing stagnation in the first quarter due to the cor...
Les mer »
Major American companies are reeling from coronavirusA growing number of major American companies — including United Airlines and Mastercard — are saying coronavirus is hurting their business.
Les mer »
Coronavirus Disease 2019 (COVID-19)While CDCgov considers COVID19 a serious situation and is taking preparedness measures, the immediate risk in the U.S. is considered low. Everyone should always take simple precautions to help prevent the spread of respiratory illnesses. coronavirus
Les mer »