Chinese growth speeds up but virus remains a drag
China’s economy remains on the recovery path, driven by a rebound in exports, one economist says
19 October 2020 - 11:28
Beijing — China’s economic recovery accelerated in the third quarter as consumers shook off their coronavirus caution, though the weaker-than-expected headline growth suggested persistent risks for one of the few drivers of global demand.
GDP grew 4.9% in July-September from a year earlier, official data showed on Monday, slower than the 5.2% forecast by analysts in a Reuters poll but faster than the second quarter's 3.2% growth...
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