China is expected to be the only Group of 20 nation to report positive economic growth in 2020. Photo: Xinhua
China is expected to be the only Group of 20 nation to report positive economic growth in 2020. Photo: Xinhua

Hong Kong extends best start to year in decade, mainland markets rise as China’s economic growth in 2020 beats expectations

  • China’s economy grew 2.3 per cent in 2020, its lowest annual growth rate in 45 years, but was still higher than forecast
  • The Hang Seng Index rose 1 per cent on Monday, while the Shanghai Composite Index added 0.8 per cent

China is expected to be the only Group of 20 nation to report positive economic growth in 2020. Photo: Xinhua
China is expected to be the only Group of 20 nation to report positive economic growth in 2020. Photo: Xinhua
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