OECD predicts China and Indonesia to lead economic world in 2021
The economies of China and Indonesia are the only two that will grow beyond seven per cent in 2021 The economies of China and Indonesia will lead the world in 2021, according to a new report from the Organisation for Economic Co-operation and Development (OECD). The OECD forecast in its June Economic Outlook that a second wave of infections at the end of the year could knock an initial economic rebound off course. “Europe and the US are now bearing the brunt of a resurgence of the virus, stalling the recovery. Global GDP (Gross Domestic Product) in the fourth quarter … Continue reading →
