China seals its status as only big economy to grow in 2020
The country’s early control of the pandemic means its recovery is expected to accelerate through the end of the year as consumers spend more
16 November 2020 - 12:31
Beijing — China’s economic rebound gathered pace in October, cementing the nation’s status as the only big economy tipped to grow this year and as a pillar of support for a faltering global recovery.
While the US and Europe grapple with a resurgence in coronavirus infections, China’s early control of the pandemic means its economic recovery is expected to accelerate through the end of the year as consumers spend more. An export boom due to global demand for medical equipment and work-from-home electronics is also expected to sustain the momentum...
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