Tuesday October 20, 2020

Analysis: Why China’s economy will grow this year despite pandemic

An efficient response to Covid-19 has helped the first major economy hit by the pandemic to be the first to recover

24th September, 2020
The OECD has just revised up its view on Chinese economic growth for 2020 to just under 2 per cent. Picture: Getty

China was the first major economy to fall victim to the current pandemic and will be the only G20 economy to show positive growth this year.

The OECD has just revised up its view on Chinese economic growth for 2020 to just under 2 per cent. Its previous forecast in June was for that economy to decline by 3.7 per cent this year.

Two per cent growth is far short of what we have come to expect from...

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