China’s economy rebounds strongly in the first two months, industrial output up 35.1%

China’s economy has shed the clouds of the coronavirus and picked up its recovery in the first two months of 2021,

with key economic indicators improving at a sizable growth rate of more than 30 percent,

thanks to last year’s low base and a steady acceleration of manufacturing are

fired up by domestic and overseas demand.

Analysts say the rosy January-February economic performances signal

that China may record a GDP growth rate of between 15-20 percent for the first three months,

which would make its first-quarter economy expansion the highest among major global economies.

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