East Asian countries led economic recovery in last quarter of 2020, says UN report |

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February 10, 2021 "The recovery process has been uneven, with many countries lagging", said UNCTAD economist Alessandro Nicita. According to a new report from the agency, exports from East Asia grew about 12 per cent in the last quarter of 2020, while imports increased by around five per cent. These results followed growth of around three per cent in Chinese exports in the third quarter of the year compared with the same period in 2019, which was "the exception" to an overall downturn in nearly all major economies. Negative trends the norm In contrast to the market share gains for…

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