A citizen buys vegetables at a supermarket in Handan City, north China’s Hebei Province, Jan. 9, 2020. China’s consumer price index (CPI), a main gauge of inflation, rose 2.9 percent year on year in 2019, within government target of 3 percent, official data showed Thursday. (Photo: Xinhua)
China’s economy emerged from the shadows of the coronavirus and recovered strongly in the first two months of 2021, with key indicators showing growth rates of more than 30 percent, thanks to last year’s low base and a steady acceleration of manufacturing that was buoyed by domestic and overseas demand.
Analysts said that the rosy January-February figures signal that China may record a GDP growth rate of 15-20 percent for the first three months, which…