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China on course to be the only major economy to have expanded in 2020


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China's economy grew at the slowest pace in more than four decades last year, official figures show, but remains on course to be the only major economy to have expanded in 2020.

The economy grew 2.3% last year, despite Covid-19 shutdowns causing output to slump in early 2020.

Strict virus containment measures and emergency relief for businesses helped the economy recover.

Growth in the final three months of the year picked up to 6.5%.

"The GDP data shows the economy has almost normalised. This momentum will continue, although the current Covid-19 outbreak in a couple of provinces in northern China might temporarily cause fluctuation," said one of principal economist for the Economist Intelligence Unit.


Covid-19 was still a major drain on growth in 2020, with nationwide shutdowns of factories and manufacturing plants forcing economic growth down to its slowest rate for four decades.

China's manufacturing sector appears to have recovered.  Monday's data shows a 7.3% increase in industrial output.

Also Chinese exports grew by more than expected in December, as coronavirus disruptions around the world fuelled demand for Chinese goods.

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pedrohemg

I really hate China since I saw what they do with dogs there, I never had a problem with they eating dogs, but you must not make the animal suffer that way. That's unacceptable, and I hope they pay for everything wrong they do.

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9 minutes ago, pedrohemg said:

I really hate China since I saw what they do with dogs there, I never had a problem with they eating dogs, but you must not make the animal suffer that way. That's unacceptable, and I hope they pay for everything wrong they do.

Literally this 

They can eat cats and dogs all they like, but the abysmal, cruel and unsanitary conditions in which they handled is so inhumane

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The Child
1 hour ago, pedrohemg said:

I really hate China since I saw what they do with dogs there, I never had a problem with they eating dogs, but you must not make the animal suffer that way. That's unacceptable, and I hope they pay for everything wrong they do.

 

1 hour ago, Rio said:

Literally this 

They can eat cats and dogs all they like, but the abysmal, cruel and unsanitary conditions in which they handled is so inhumane

Yeah because Europeans treat cows & ducks so well in comparison. (And young chickens too)

‘If religion be the cause of disunity, then irreligion is surely to be preferred.’ ‘Abdu’l-Bahá
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LOVEDRUG
57 minutes ago, pedrohemg said:

I really hate China since I saw what they do with dogs there, I never had a problem with they eating dogs, but you must not make the animal suffer that way. That's unacceptable, and I hope they pay for everything wrong they do.

pls, y'all haven't seen slaughterhouses and it shows

"through all the tears and all the lies, i'm gonna dance until i feel alright"
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The Child
7 minutes ago, TSUNAMI said:

inb4 Racist comments 

Too late sadly.

‘If religion be the cause of disunity, then irreligion is surely to be preferred.’ ‘Abdu’l-Bahá
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