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A lack of travel will boost urban consumption, while post-holiday labour shortages won't be a problem

Chinas economy picks up speed in fourth quarter, ends 2020 in solid shape after COVID-19 shock 6 Min Read BEIJING (Reuters) - China’s economy picked up speed in the fourth quarter, with growth beating expectations as it ended a rough coronavirus-striken 2020 in remarkably good shape and remained poised to expand further this year even as the global pandemic rages unabated. Gross domestic product grew 2.3% in 2020, official data showed on Monday, making China the only major economy in the worl...

2021/02/02 21:05 (TSMC photo) (TSMC photo) TAIPEI (Taiwan News) — An economist has warned that even though Taiwan’s preliminary projection for its GDP growth rate last year was 2.98 percent — among the best in the world — a crisis may still be brewing for the country, as it relies too heavily on the tech industry, Liberty Times reported on Tuesday (Feb. 2). CNBC reported that Taiwan became the fastest growing economy in Asia last yea...

Taiwan's economy outgrows China's for the first time in 30 years, as chips demand soars

A shopper is browsing through a supermarket in Taipei, Taiwan. aiwans GDP grew by nearly three per cent last year, official projections showed Friday, making the island one of the worlds strongest performing economies during the coronavirus pandemic and surpassing China for the first time in three decades. - AP TAIPEI, Jan 29 (AFP):Taiwans GDP grew by nearly three per cent last year, official projections showed Friday, making the island one of the worlds strongest performing eco...

By JOE McDONALD The Associated Press BEIJING — China eked out 2.3 percent economic growth in 2020, likely becoming the only major economy to expand as sho

Pictures from Chinas central city of Wuhan - where Covid-19 was first detected - show show a bustling city as people go about their daily lives, with clubs and markets open a year after its lockdown.

Jan 19, 2021 BEIJING (AP) — China eked out 2.3% economic growth in 2020, likely becoming the only major economy to expand as shops and factories reopened relatively early from a shutdown to fight the coronavirus while the United States, Japan and Europe struggled with rising infections. Growth in the three months ending in December rose to 6.5% over a year earlier as consumers returned to shopping malls, restaurants and cinemas, official data showed Monday. That was up from the previous quart...

China’s GDP grew at the slowest pace in more than four decades in 2020, official data showed Monday, but it was still expected to be the only major economy to grow at all after a strong rebound from the coronavirus crisis

Updated Jan 19, 2021 | 06:36 IST Covid-19, which has ravaged the world economy, first emerged in central China in late 2019. But the worlds second-largest economy also became the first to bounce back after imposing strict lockdowns. China’s economy grows 2.3% in 2020 despite pandemic pain&nbsp | &nbspPhoto Credit:&nbspBCCL Beijing: Chinas GDP grew at the slowest pace in more than four decades in 2020, official data showed Monday, but it was still expected to be the only...