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China's Q2 GDP growth recovers to 3.2% after steep slump

CGTN, 16 Jul 2020
China's economy returned to modest growth in the second quarter of 2020 and reverted from the first contraction on record in the first quarter this year, as COVID-19 eases and policymakers announced economic packages, official data showed Thursday.

The world's second-largest economy grew by 3.2 percent in April-June from a year earlier, reversing a 6.8-percent decline in the first quarter – the first contraction since at least 1992 when official quarterly gross domestic product (GDP) records started, according to China's National Bureau of Statistics. #China #Economy

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