Tue, 21-Oct-2025

China’s economy grows 18.3% in post-Covid comeback in 2021

China economy coronavirus

China’s economy saw a record increase of 18.3% in the first quarter of 2021 compared to the same time last year. According to the international news agency, it is the biggest increase in Gross Domestic Product (GDP) since China began keeping quarterly records in 1992. The country’s economy decreased by 6.8% due to lockdowns imposed … Read more

Coronavirus pandemic: China’s economy continues to recover

China's economy

China’s economy continues to recover from the consequences of the coronavirus pandemic. Chinese economy witnessed a growth of 4.9% between July and September, compared to the same quarter last year. However, economists expected 5.2%. The country’s economy shrank by 6.8% in the first three months of this year as the country saw a nationwide lockdown … Read more