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China economy grows 4.9%, extending coronavirus recovery

World’s second-largest economy grew slightly below expectations in third quarter



File picture: People wearing face masks to protect against the coronavirus walk through a shopping mall in Beijing in August 2020..
Image Credit: AP

Beijing: China’s economy continued its rebound from bruising coronavirus lockdowns in the third quarter, clocking 4.9 per cent 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”.

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