Despite the outbreak of the corona virus, China’s economy will grow by 2.3 per cent in 2020, but countries such as the US, Europe and Japan are suffering from the epidemic at this time. According to official figures, the economy grew by 6.5 per cent in the December quarter, compared with 4.9 per cent in the previous quarter.

China’s economy fell 6.8 per cent in the first quarter of 2020 as factories and shops closed due to the corona virus epidemic. China then rose 3.2 percent in the next quarter.

However, this is the slowest growth China has achieved in the last decade, but higher than the US and other large economies. These countries have not yet announced growth figures for 2020, but the contractions in their economies at this time are certain.

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