Key View

• We at Fitch Solutions now forecast the Chinese economy to grow by 1.9% and 10.2%, respectively, in 2020 and 2021 from 2.2% and 5.8%, previously.
• We expect a further acceleration in private consumption and investment in Q420 to form a healthier, more broad-based growth picture as opposed to previous quarters when the recovery was

Key View

• Changing demographics will be a significant factor driving the increasing demand for healthcare services in China.
• Ageing demographics will drive online healthcare uptake.
• Opportunities within the generic medicine sector will remain strong over the coming years as the government seeks to use it as a key tool of controlling

Key View

• Although the US and its allies will step up efforts to stall China’s Belt and Road Initiative (BRI), the BRI will continue making meaningful progress over the next several years despite a modest slowdown.
• Over the long term, we at Fitch Solutions see a potential new ‘cold war’ between China and the US-led bloc of democracies as the

Key View

• Improvement of the healthcare system in China will continue to provide opportunities for drugmakers.
• Cost-control measures to rationalise healthcare spending will weigh on revenue-earning opportunities for drugmakers.
• Over the long term, the country still holds robust growth potential for pharmaceutical companies.

China is the

Key View

• We at Fitch Solutions expect China’s imports from the US to pick up over the coming months, due to a gradual recovery of domestic demand and an increasing need for China to import agricultural products amid the African swine fever and one of the worst floods in decades.
• However, we highlight that China is unlikely to fulfil its

Key View

• China’s ‘new infrastructure’ plan to invest into alternative technologies to drive economic growth is not a new collection of investments, but a significant intensification of ongoing investment trends as the government seeks to transition its economy away from export-oriented growth and pivot toward high value-added sectors. 
• Prospe

Key View

• We at Fitch Solutions have revised our 2020 real GDP growth forecast for China to 2.2% from 1.1% previously.
• This revision reflects the faster than previously expected pace at which the Chinese economy has regained capacity following the damaging lockdowns in Q120, and we now forecast the economy to return to full trend growth by the

Key View

• China's commercial vehicle sales will be able to reverse much of the damage done by the Covid-19 pandemic in 2020 amid the government's infrastructure spending and as fleet operators seek to comply with the China VI standard for commercial vehicles.
• We observe a V-shaped recovery in the growth of fixed asset investments in