China's economic recovery picks up speed after Covid-19 shock –business live

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Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. China’s economy has picked up speed, as the world’s second-largest economy continues to outpace international rivals - led by strong factory growth. Chinese GDP grew by 6.5% per year in the last three months of 2020, new official figures show. That’s an acceleration on the previous quarter, when GDP rose by 4.9%, and better than economists expected.

 

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