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Economic Rebound Continues in China after Pandemic

In January and February, China’s industrial output escalated 35.1 percent and retail sales grew 33.8 percent. The world’s second-largest economy also showed a full-year economic growth of 2.3 percent. In light of the recovery, China has ended its stimulus programs. Chinese lawmakers are now looking into the overheating housing market and planning to relaunch a multi-year campaign to stop debt accumulation.

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