China Economy Rose 6.5 Percent in Q4 Due to COVID-19 Controls, Will Surpass US by 2028, Reports Say


Source: sputniknews.com sputniknews.com

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Demond Cureton. Sputnik International https://sputniknews.com/asia/202101181081803380-china-economy-rose-65-percent-in-q4-due-to-covid-19-controls-will-surpass-us-by-2028-reports-say/ China's economy is expected to sharply rise in 2021 despite the ongoing global COVID-19 pandemic, but will still face persistent challenges, figures from the country's statistics bureau revealed. The news comes as strict lockdown measures proved effective in the mainland but troubles continue to affect Europe and North America markets. China's economy jumped 2.3 percent last year amid the ongoing COVID-19 pandemic which deeply hit global markets in March 2020, China's National Bureau of Statistics (NBS) reported on Monday . According to the NBS, strict virus controls and emergency stimulus for businesses facilitated Beijing's economy...