Economic recovery: An employee sorts toothbrushes on a production line at the Yangzhou Shuguang Toothbrush Factory in Yangzhou, Jiangsu Province, China. China’s trade in September represented a robust recovery, with imports jumping 13.2% to US$202.8bil and exports rising 9.9% to US$239.8bil compared with September of last year. — Bloomberg
LONDON: China’s resilient economic performance, supported by the government’s coordinated response to effectively contain the novel coronavirus in the country, could become an important lifeline for the global economic recovery, experts said in response to China’s latest economic data.
The world’s second largest economy saw growth of 4.9% year-on-year in the third quarter, compared with 3.2% in the second quarter, according to data released on Oct 19 by the National Bureau of Statistics.
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