China’s economy bounces back more quickly than expected from coronavirus

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“A shopper stands in front of a vegetable stall at Sanyuanli market in Beijing on Wednesday. The economy has recovered from the pandemic more quickly than many observers anticipated.”

China’s economy has recovered rapidly from coronavirus shutdowns and has started to grow again, figures showed Thursday, leading analysts here to crow that the country was best-in-class at dealing with the pandemic as reported by Washington Post.

“This was clearly a dig at the United States — where the virus is spreading aggressively and the economy is suffering — though China’s statistics are often thought to be massaged for political reasons.”

“Indeed, President Xi Jinping said in a letter released Thursday that China was dealing with the pandemic and making progress on his top two economic goals. China is “striving for a decisive victory in building a moderately prosperous society in all respects and eradicating poverty,” Xi wrote, according to the official Xinhua News Agency.”

 

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