China’s economic recovery likely accelerated in the fourth quarter, driven by stronger demand at home and abroad and policy stimulus which is expected to provide a solid boost into 2021. FILE PHOTO: Men stand on a balcony overlooking the central business district in Beijing, China December 15, 2020. REUTERS/Thomas Peter The world’s second-largest economy is expected to have grown 6.1% in October-December from a year earlier, after the third quarter’s 4.9% expansion, the median forecasts of 46 economists polled by Reuters showed. The economy has been recovering steadily from a steep 6.8% slump in the first three months of 2020, when an outbreak of COVID-19 in the central city of Wuhan, first detected in late 2019, turned into a full blown epidemic. “The good performance of the last quarter signaled a better outlook for the Chinese economy for the upcoming 2021,” Alicia Garcia Herrero, chief economist […]