China is proving yet again that its economy is extremely resilient to exogenous shocks, QNB said and noted the recovery is now well under way and GDP is expected to grow by 8.6% this year. China continues to show a strong economic performance in the wake of the Covid-19 pandemic. The positive momentum came after a sudden economic collapse in Q1 2020, when the country experienced the first year-on-year (y-o-y) GDP contraction in decades, on the back of Covid-19-related lockdowns and other social distancing measures, QNB said in its weekly economic commentary. China’s economic strength can be explained by an effective management of the pandemic, robust global demand for electronics and powerf
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