China’s economy grows 18.3% on-year in Q1 2021

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중국 1분기 GDP 증가율 18.3%

China's economy grew 18-point-3 percent on-year in the first three months of 2021.
According to official data, this is the biggest quarterly on-year growth since records began in 1992.
The growth was mainly due to the base effect, as the Chinese economy suffered a historic 6-point-8 percent contraction due to COVID-19 in the first quarter of last year.
Compared to the fourth quarter of 2020, China's economy grew point-6 percent.

#China #Economy #GDP

2021-04-16, 12:00 (KST)
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amazing China. I really want to visit Shanghai again and do more traveling.

eduardochavacano
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WOW WOW! Incredible never in history any country on earth Britain France America Russia India Africa Japan as ever reach this amount of of economic growth never in history by any

apexkevv
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Q1 2020 was a low water mark for China and Q2 2020 is the low point for some other countries. So this is not a norm year to measure and compare. Nevertheless it’s impressive being in trade war with US led anti China union.

ALWH
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Actually, there was a decline with 6.8% in the 1st quarter of 2020. So the increase is 5% per year in 2020 and 2021.

一一-vr
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What does this mean with relations between China and the nations effected economically by covid 19 like the UK?

curtiscarpenter
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You all know where those money came from.

K.N.H.