News Snapshot:
China claims its economy grew nearly 5% in the third quarter of 2020, while other countries’ economies continued to contract amid the coronavirus pandemic. China saw its economy – the second-largest in the world – grow 4.9% from July to September, up from 3.2% the previous quarter. Consumer retail spending in the country was the highest since pre-pandemic levels, and factory output, driven by foreign demand for masks and other personal protective equipment, rose as well, according to the Associated Press . Most Asian countries, many of which trade with China more than any other country, saw their markets rise...
