China’s economy rebounding is ‘positive news’ but inflation will remain high

HSBC Chief Asia Economist Frederic Neumann says it’s “optimistic information” that China’s economic system is about to rebound when COVID restrictions are loosened. “It’s serving to to assist the worldwide economic system, that’s now beginning to sputter,” Mr Neumann informed Sky Information host Ross Greenwood.“It’s not a transparent optimistic for markets the place inflation may be very excessive proper now.”