Quote from Ndubuisi Ekekwe on January 18, 2021, 10:29 PM

Most of the global leading economies contracted. But for China, it was growth. Yes, the pandemic ravaged the world but China found a way to expand its GDP. This is China's slowest growth since 1976.

China's GDP rose by 2.3% for the whole of 2020, according to official data released Monday, making it the only major global economy to grow during the coronavirus pandemic. Recovery was led by growth in demand for exports, with fourth-quarter economic activity expanding 6.5% year-on-year, and the country got back to work after infections were largely controlled towards the end of the year. Yet, economists point out the country did not escape challenges, with domestic consumption falling 4% in 2020 and unemployment in urban areas at 5.2%.