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China Continues To Boom As Rest Of The World Struggles With COVID-19

(Nicolas Asfouri - Pool/Getty Images)

Anders Hagstrom White House Correspondent
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Even as countries across the globe reel from the devastating economic impact of coronavirus, China’s economy — and particularly its manufacturing industry — is booming.

China’s factory industry saw its eighth consecutive month of growth and expansion in September, even as its service industry hit a seven-year high, according to the Wall Street Journal. China’s prospects in the near future for the global economy look promising as well, though some have criticized the official growth numbers.