China Claims Economy Grew Almost 5% In The Third Quarter Of 2020 Despite Pandemic

China claims its economy grew nearly 5% in the third quarter of 2020, while other countries’ economies continued to contract amid the coronavirus pandemic.

China saw its economy – the second-largest in the world – grow 4.9% from July to September, up from 3.2% the previous quarter. Consumer retail spending in the country was the highest since pre-pandemic levels, and factory output, driven by foreign demand for masks and other personal protective equipment, rose as well, according to the Associated Press.