China's industrial production - heavily supported by the state - has been at the heart of its recovery. Factory output jumped a further 7.1% in the final three months of 2020, after growing 5.8% in the previous quarter.
But China increased the value of its exports by 4% across the year, helping it hit a new record trade surplus in December, thanks to the appreciation in the yuan. "In our opinion, the strong exports have significantly contributed to China's economic outperformance."GOLDMAN SACHS: Buy these 25 stocks best-positioned to juice profits in 2021 as stimulus and vaccine progress spur economic growth
Tommy Wu, lead economist at consultancy Oxford Economics, said: "Following new restrictions announced due to COVID-19 outbreaks in two provinces, it is possible that reduced confidence and travel during the Chinese New Year holidays hamper Q1 growth.
BusisaMoyo Simple, through milking Africa..
By using Uyghurs as Forced Labors and doing a UyghurGenocide
All that PPE manufacturing
I could say why...but that's a whole can of shit i am not dealing with...we all know why ...bat soup...that is all I am saying
HOW
They don't have covid shut downs over there
95% only bad news(