China Says Its Economy Actually Grew During The COVID-19 Pandemic


Source: truepundit.com truepundit.com

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0 Share: Economic reports out on Monday indicate that China’s economy grew by 2.3% in 2020, despite the global economic effects of the COVID-19 pandemic. China’s economy saw a record $535 billion surplus in 2020, a 27% increase from 2019 and a 6.5% GDP spike in the fourth quarter 0f 2020, as well as record stock market gains according to CNN . The Shanghai Composite gained 0.8%, the Shenzhen Component Index rose 1.6% and Hong Kong’s Hang Seng Index grew by 1%. China’s #GDP grew 2.3% year on year to 101.5986 trillion yuan in 2020, according to an SCIO press...