 "China GDP grows 2.3% in 2020, back to pre-Covid pandemic trajectory")
China’s economy roared back to pre-pandemic growth rates in the fourth quarter as its industrial engines fired up to meet surging demand for exports, pushing the full-year expansion beyond estimates and propelling its global advance.
Gross domestic product climbed 6.5 per cent in the final quarter from a year earlier, pushing growth to 2.3 per cent for the full year. That leaves the world’s second-largest economy driving global growth and potentially passing US GDP sooner than previously expected.
The V-shaped recovery from the biggest slump on record was engineered by getting Covid-19 under control and deploying fiscal and
Gross domestic product climbed 6.5 per cent in the final quarter from a year earlier, pushing growth to 2.3 per cent for the full year. That leaves the world’s second-largest economy driving global growth and potentially passing US GDP sooner than previously expected.
The V-shaped recovery from the biggest slump on record was engineered by getting Covid-19 under control and deploying fiscal and
