China’s economy grew by 4.9 per cent in the third quarter of 2020 compared with a year earlier, accelerating from 3.2 per cent growth in the second quarter. Photo: Reuters
China must avoid ‘premature’ exit from economic support given ‘precarious’ global outlook: World Bank
- World Bank says the near-term global economic outlook has ‘dimmed’ due to the resurgence of the coronavirus in major economies
- The Washington-based agency projects China’s economy will grow by 7.8 per cent in 2021 before slowing to 5.2 per cent growth in 2022
China’s economy grew by 4.9 per cent in the third quarter of 2020 compared with a year earlier, accelerating from 3.2 per cent growth in the second quarter. Photo: Reuters
