China thought to be world’s only major economy to have grown in 2020


Source: todayheadline.co todayheadline.co

Key Topics in this News Article:

News Snapshot:

16:51 EST, 18 January 2021 | Updated: 16:51 EST, 18 January 2021 China looks set to be the only major economy in the world to have grown last year as other countries suffered devastating Covid-related recessions. The Communist state – the birth-place of the global coronavirus pandemic – said output rose by 2.3 per cent in 2020 as it bounced back quickly from a slump early in the year. That was still the weakest rate of growth for more than 40 years after Beijing imposed an extensive lockdown following the initial outbreak. Workers move computers on a street in the...