Web1 day ago · Economic Progress. COVID-19 has caused an economic shock three times worse than the 2008 financial crisis. Europe and emerging markets have been hit hard economically, China has escaped a recession. But the worst could be behind us, and a greener economy could emerge after the pandemic, according to the Chief Economist at … WebMar 15, 2010 · Since beginning its transition 30 years ago, China’s economic development has been miraculous. The average annual growth rate of GDP reached 9.8 percent, far …
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