China’s economy grew by 2.3% in 2020, becoming the only major world economy to grow in 2020 (given economic impact from the pandemic). Still, the GDP figure marks China’s slowest growth rate since 1990 and is down from 6.0% in 2019.
Extra: Meanwhile, China is attempting to contain a series of primarily localized virus outbreaks across its northeast ahead of next month’s Lunar New Year holiday.
The New Paper
This story is from the January 19, 2021 edition of The New Paper – a clear, concise daily briefing that makes fact-first news easy to consume. Try it today.