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China takes victory lap over economic recovery to pre-coronavirus pandemic growth rates

Summary:
[unable to retrieve full-text content]China’s economy roared back to pre-pandemic growth rates in the fourth quarter of last year as its ­industrial engines fired up to meet surging demand for exports, pushing the full-year expansion beyond estimates and propelling its global advance. Gross domestic product climbed by 6.5 per cent in the final quarter from a year earlier, pushing growth to 2.3 per cent for the full year. That leaves the world’s second-largest economy driving global growth and potentially passing the GDP of the…

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[unable to retrieve full-text content]
China’s economy roared back to pre-pandemic growth rates in the fourth quarter of last year as its ­industrial engines fired up to meet surging demand for exports, pushing the full-year expansion beyond estimates and propelling its global advance. Gross domestic product climbed by 6.5 per cent in the final quarter from a year earlier, pushing growth to 2.3 per cent for the full year. That leaves the world’s second-largest economy driving global growth and potentially passing the GDP of the…

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