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Published on 18/01/2021 9:55:10 AM | Source: Reuters

Economic impact from rising COVID-19 cases in China controllable: stats bureau

Posted in Top Stories| #China #World Market

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BEIJING  - The overall impact from the current COVID-19 resurgence on China's economy is controllable, the statistics bureau chief Ning Jizhe said on Monday, even as rising cases in some localities weighed on consumer spending.

China has experience and capacity to control the virus, Ning told reporters at a press conference, adding that authorities estimate that many favourable conditions will sustain the economic recovery this year.