Analysis: China and U.S. economies diverge over coronavirus response Money & Business

WASHINGTON (Reuters) – The United States and China dealt with the spread of the devastating coronavirus pandemic in vastly different ways, and that split is reshaping the global battle between the world’s two leading economies. About 11 months after the Wuhan outbreak, China’s official GDP numbers this week show not only that the economy is growing, up 4.9% for the third quarter from a year earlier, but also that the Chinese are confident enough the virus has been vanquished to go shopping, dine and spend with gusto. China’s total reported death toll is below 5,000 and new infections are negligible,…