China Economic Monitor: Q2 2020
China Economic Monitor: Q2 2020
Quarterly review of China’s economic trends and developments
KPMG China has released the latest Q2 edition of the China Economic Monitor (CEM). The new issue analyses the latest trends in the macro economy and recent regulatory changes.
In 2020Q1, China’s economic growth plunged to -6.8% amid COVID-19, the first contraction since 1992, when quarterly records were first published. China has been strengthening counter-cyclical adjustments to cushion the impact of the COVID-19 pandemic at home and abroad and we believe the economy should continue to recover during the rest of the year.
© 2024 KPMG Huazhen LLP, a People's Republic of China partnership, KPMG Advisory (China) Limited, a limited liability company in Chinese Mainland, KPMG, a Macau (SAR) partnership, and KPMG, a Hong Kong (SAR) partnership, are member firms of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.
The KPMG name and logo are trademarks used under license by the
independent member firms of the KPMG global organisation.
For more detail about the structure of the KPMG global organisation please visit https://kpmg.com/governance.