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this post authored by Felix Richter The Chinese economy continued its recovery in the fourth quarter of 2020, returning to a level of growth in line with pre-pandemic growth rates. According to the National Bureau of Statistics of China, the country s GDP grew by 6.5 percent year-over-year in the three months ended December 31, up from 4.9 percent in the preceding quarter and 3.2 percent growth in the quarter ended June 30. Please share this article - Go to very top of page, right hand side, for social media buttons. In the first three months of 2020, the coronavirus outbreak had resulted in the first quarterly GDP decline in decades for the world s second largest economy. And while the swift rebound resulted in 2.3 percent growth for the entirety of 2020, that is still equivalent to the worst result since 1976 for the notoriously booming economy. Nevertheless the pace of China s recovery exceeded expectations, as the IMF and World Bank had predicted 1.85 and 2.0 percent growth

Felix richterNational bureau of statistics chinaWorld bankNational bureauChina returnsPre pandemic growthStatista comChina gdpஃபெலிக்ஸ் பணக்காரர்தேசிய பணியகம் ஆஃப் புள்ளிவிவரங்கள் சீனாஉலகம் வங்கிதேசிய பணியகம்சீனா வருமானம்பிரே சர்வதேச பரவல் வளர்ச்சிசீனா ஜீடீபீ