News Snapshot:
Containers are seen at the Yangshan Deep-Water Port in Shanghai, China, October 19, 2020. (Aly Song/Reuters) Chinese officials reported on Sunday that the country’s GDP grew by 4.9 percent in the third quarter, despite the ongoing toll the coronavirus pandemic is taking on the global economy. The newly recorded growth is close to projections of 5.5-6 percent growth predicted by economists before the pandemic, the Wall Street Journal reported. The International Monetary Fund predicted last week that China’s economy will grow by 1.9 percent this year, the only major economy to experience growth in 2020. Meanwhile, the American economy will...
