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

HSBC Chief Asia Economist Frederic Neumann says it’s “constructive information” that China’s financial system is ready to rebound when COVID restrictions are loosened.

“It’s serving to to assist the worldwide financial system, that’s now beginning to sputter,” Mr Neumann instructed Sky Information host Ross Greenwood.

“It’s not a transparent constructive for markets the place inflation could be very excessive proper now.”