China leading way with V-shaped recovery, Alcoa CFO says

June 09, 2020 / www.metalbulletin.com / Article Link

China is leading the world in a V-shaped recovery from the aftermath of the Covid-19 pandemic, with other countries slower to recover but showing signs of green shoots, according to the chief financial officer of Alcoa.

William Oplinger told the 11th annual Deutsche Bank Global Industrials and Materials summit that China's industrial production, vehicle production, commercial starts and food and drinks sales were all showing stronger growth than in 2019. 

"China is leading the way on a V-shaped recovery," he said. "As we look around the rest of the world, the rest of the world has been a little bit slower to recover on...

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