It’s Official: China’s Economy Expanded In 2020 Despite Pandemic

Well, it's official. The Chinese economy expanded in 2020. Or at least according to Beijing it did. A year on from some of the first harrowing reports documenting the rapid spread of a novel coronavirus in Wuhan, data showed the world's second-largest economy grew 2.3% last year. The market was looking for 2.1%. For Q4, the expansion was 6.5%, ahead of expectations. China was poised to be the only major global economy to expand in a virus-blighted year that brought untold suffering to milli