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China s economy grows 2 3% in 2020 despite pandemic pain

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 world s 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  |  Photo Credit: BCCL Beijing: 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. Covid-19, which has ravaged the world economy, first emerged in central China in late 2019. But the world s second-largest economy also became the first to bounce back after imposing strict lockdowns and virus control measures.

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