China’s economy expands at faster rate than before coronavirus – powered by rising coal output
— GWPF (@thegwpfcom) January 18, 2021
China’s economy is growing faster now than before pandemic
By Gerry Shih – The Washington Post
TAIPEI, Taiwan – A year ago, the coronavirus began spreading rapidly in China. Today, China’s economy is bouncing back hard, and expanding faster than it did before the pandemic.
Economic data published Monday showed that China logged 2.3% growth for 2020, becoming the only major economy that grew during a year that exacted a generational toll on swaths of the world. As other major nations and geopolitical competitors, from the United States to Europe to India to Japan, struggle to beat back a winter wave, China’s containment success has buoyed its economy and the ruling Communist Party’s claims to global leadership in the post-pandemic world.