Summary: China’s 2020 trade surplus increased by a quarter over the previous year and foreign reserves have hit a near-five-year high. For the whole of 2020, GDP grew 2.3 per cent, much better than the 4 per cent to 10 per cent declines for the US and euro-zone economies.
Sign up for a weekly newsletter from the Carnegie Endowment for International Peace
Sign up to receive emails from Carnegie’s Asia Program!
Check your email for details on your request.
End of document
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
The World Unpacked is a monthly foreign policy podcast that breaks down the hottest global issues of today with experts, journalists, and policymakers who can explain what is happening, why it matters, and where we go from here.
In a complex, changing, and increasingly contested world, the Carnegie Endowment generates strategic ideas and independent analysis, supports diplomacy, and trains the next generation of international scholar-practitioners to help countries and institutions take on the most difficult global problems and safeguard peace.