Status: Not Logged In; Sign In

World News
See other World News Articles

Title: Report: China Saw Record Gains in 2020 as COVID Lockdowns Tanked Global Economies
Source: [None]
URL Source: ... downs-tanked-global-economies/
Published: Jan 18, 2021
Author: Bradley Stein
Post Date: 2021-01-25 17:34:37 by BTP Holdings
Keywords: None
Views: 11
Comments: 1

Report: China Saw Record Gains in 2020 as COVID Lockdowns Tanked Global Economies

By Bradley Stein

Published January 18, 2021 at 12:59pm

Economic reports released on Jan. 18 indicated that China’s economy grew by 2.3 percent in 2020 despite the economic effects of global lockdown measures imposed in response to the coronavirus pandemic.

China saw a record $535 billion surplus in 2020 — a 27 percent increase from 2019 — as well as a 6.5 percent GDP spike in the fourth quarter of 2020 and record stock market gains, according to CNN.

Economic statistics released in the last several months appear to show that China was the only economic power to see such gains in a year when many global economies contracted at a record pace.

The American economy alone shrank by 3.6 percent in 2020, while the European economy fell by 7.4 percent, according to The Wall Street Journal.

The devastation of lockdowns led to a global economic decline of 4.3 percent. 29? ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E135105571968089 2929%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.westernjourna global-economies%2F

These statistics follow continuing reports that China knew about the coronavirus as early as fall 2019 but deliberately concealed critical information regarding the outbreak.

In May 2020, the Department of Homeland Security released a report highlighting attempts by the CCP to hoard medical supplies, according to NBC News.

Post Comment   Private Reply   Ignore Thread  

TopPage UpFull ThreadPage DownBottom/Latest

#1. To: BTP Holdings (#0)

It's one of those things that happens and makes you wonder "who hatched this part of the plan and why."


USA! USA! USA! Bringing you democracy, or else! there were strains of VD that were incurable, and they were first found in the Philippines and then transmitted to the Korean working girls via US military. The 'incurables' we were told were first taken back to a military hospital in the Philippines to quietly die. – 4um

NeoconsNailed  posted on  2021-01-25   17:53:52 ET  Reply   Trace   Private Reply  

TopPage UpFull ThreadPage DownBottom/Latest