BCN-01 China economy grows 4.9% in Q3, extending virus recovery

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ZCZC

BCN-01

CHINA-ECONOMY-GROWTH

China economy grows 4.9% in Q3, extending virus recovery

BEIJING, Oct 19, 2020 (BSS/AFP) – China’s economy continued its rebound from bruising virus lockdowns in the third quarter, clocking 4.9 percent growth on-year, a step closer to pre-pandemic levels, official data showed Monday.

The world’s second-largest economy grew slightly below expectations in the July-September period, the National Bureau of Statistics said, cautioning of uncertainty ahead as “the international environment is still complicated”.

BSS/AFP/MMA/0833HRS