Comment on China Becomes First Major Economy to Rebound After Coronavirus

China Becomes First Major Economy to Rebound After Coronavirus

(BEIJING) — China became the first major economy to grow since the start of the coronavirus pandemic, recording an unexpectedly strong 3.2% expansion in the latest quarter after anti-virus lockdowns were lifted and factories and stores reopened. Growth reported Thursday for the three months ending in June was a dramatic improvement over the previous quarter’s 6.8% contraction —China’s worst performance since at least the mid-1960s.

 

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