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China’s 3Q20 economic output print points to broad-based recovery

Latest government data from China showed the world’s second-largest economy is experiencing broad-based growth, thanks to an able management of the COVID-19 pandemic, adding legs to hopes of a global resilience to the economic fallout from the pandemic. China’s 3Q20 economic output likely grew 4.9% YoY, according to data released by the country’s National Bureau of Statistics. It grew 2.7%…

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