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Delegates wait for the start of the opening session CPPCC in Beijing Delegates wait for the start of the opening session of the Chinese People’s Political Consultative Conference at the Great Hall of the People in Beijing, May 21, 2020 (AP photo by Andy Wong).

Having Contained COVID-19, China Sees Economic Growth—and Opportunity

, Wednesday, Oct. 21, 2020
Editor’s Note: Every Wednesday, WPR contributor Lavender Au and Newsletter and Engagement Editor Benjamin Wilhelm curate the week’s top news and expert analysis on China.

Following shutdowns of factories and lockdowns due to COVID-19, China’s economy shrank by 6.8 percent in the first three months of this year compared to 2019—its first economic contraction on record since 1976. But in the months since then, China seems to have bucked the trend of pandemic slumps hitting other countries, as it posted 4.9 percent year-on-year growth in the third quarter, according to data released Monday by the National Bureau of Statistics.

China’s speedy economic recovery has been built on the back of stringent virus control measures, which included mass testing and tracing, strict lockdowns, and quarantines for people with even mild cases of COVID-19. There are still many restrictions on inbound travelers, as only Chinese nationals and narrow groups of foreign nationals are permitted to travel to China, with a two-week mandatory quarantine in a hotel. China is the first major economy to see economic growth that has outpaced pre-pandemic levels. ...

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