China s growth surges to record 18.3% in the first quarter
16 Apr, 2021 04:16 AM
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Shoppers visit a retail district in Beijing last week. Photo / AP
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By: Joe McDonald
China s economic growth surged to 18.3 per cent over a year earlier in the first quarter of 2021 but an explosive rebound in factory and consumer activity following the coronavirus pandemic is levelling off.
The figures reported Friday were magnified by comparison with early 2020, when the world s second-largest economy suffered its deepest contraction in decades. Growth compared with the final quarter of 2020, when a recovery was under way, was only 0.6 per cent, among the past decade s lowest.
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Jeff McIntosh/The Canadian Press
Canadian wholesale sales fell 0.7 per cent in February to $68.8 billion as the building material and supplies sector and auto industry moved lower.
Statistics Canada said Friday the drop was the second move lower in three months, but noted that sales in February were still the second highest on record for the sector.
Governor Greg Abbott today announced that at the request of the Texas Division of Emergency Management, the Federal Emergency Management Agency (FEMA) has extended the Individual Assistance registration period for Texans impacted by the winter storm. Individuals who live in qualifying counties now have until May 20, 2021 to submit damages and make claims to FEMA. Thank you to FEMA for granting this registration period extension for Individual Assistance to counties severely impacted by the winter storm, said Governor Abbott. I encourage Texans in the qualifying counties to apply for this assistance to help repair any lasting damages from the storm.
The Governor originally requested Individual Assistance for all 254 Texas counties on February 18th. On February 20th, the White House partially approved Texas request for a Major Disaster Declaration. The partial approval included Individual Assistance in 77 counties and for Public Assistance (Emergency Protective Measures Only