China was the only major economy to grow in 2020


Source: readsector.com readsector.com

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January 18, 2021 by China ‘s economy grew by 2.3 per cent in 2020, official figures revealed today, making the the country where the pandemic began the only major economy to grow at all last year while the rest of the world was ravaged by Covid-19 . After allegedly covering up the outbreak in its early stages, China brought the epidemic to a virtual halt while the virus spiralled out of control elsewhere – allowing Chinese companies and exporters to take advantage of the global standstill. While much of the world economy is still hampered by resurgent virus outbreaks and...