China likely becomes only major economy to achieve growth in 2020

China registered 2.3 percent year-on-year economic growth in 2020 with domestic demand recovering from the coronavirus shock, government data showed Monday, likely making it the world's only major economy to expand last year.But the pace of economic growth was the slowest since 1974 when the Communist-led nation had been rattled by the 10-year Cultural Revolution initiated in 1966 by Mao Zedong that historians say killed tens of millions of people.Since the increase in new infections apparently peaked in late February 2020, the world's second-largest economy has shown signs of a V-shaped re…READ FULL ARTICLE