|[Published: Monday October 19 2020]
New data shows China's economy continues to rally
BEIJING, 19 Oct. - (ANA) - China's economy expanded 4.9% in the July-to-September quarter compared to a year ago, according to government data.
The pace was quicker than the 3.2% increase that China recorded in the second quarter.
“China's economy continued its rapid rebound last quarter, with the recovery broadening out and becoming less reliant on investment-led stimulus," said Julian Evans-Pritchard of Capital Economics. - (ANA) -
AB/ANA/19 October 2020 - - -