(NIKKEI) -- HONG KONG -- China's economy is forecast to expand 8.2% in 2021, the highest growth since 2012, according to a survey of 35 economists by Nikkei and Nikkei Quick News.
Despite the continued strong recovery from its pandemic slump, corporate defaults remain a major downside risk to the world's second-largest economy.
Most economists expect U.S. President-elect Joe Biden's administration will take a more predictable and less confrontational approach towards China -- which could give a short-term boost to the Chinese recovery.
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