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China economy returned to growth last quarter as virus eased

Bloomberg
Bloomberg7/16/2020 10:43 AM GMT+08  • 3 min read
China economy returned to growth last quarter as virus eased
China's economy recovered in the second quarter with a 3.2% GDP expansion.
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(July 16):The Chinese economy returned to growth in the second quarter, marking an important milestone in the global struggle to recover from the coronavirus pandemic.

Gross domestic product expanded 3.2% in the three months to June from a year ago, reversing a 6.8% decline in the first quarter and beating the median forecast of 2.4%. In the first half however, output is still down 1.6% on the same period in 2019.

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