China’s economic system bounces again, expands 3.2%

Beijing, July 16

China’s economic system bounced again by posting 3.2% development within the second quarter after a file 6.8% hunch within the first quarter because of the coronavirus disaster, avoiding a recession.

The world’s second-biggest economic system noticed a pointy decline in development within the first three months of the 12 months throughout unprecedented coronavirus lockdowns when the GDP plummeted by 6.8%. China’s gross home product (GDP) expanded 3.2% year-on-year within the second quarter of 2020, the nation’s National Bureau of Statistics (NBS) stated on Thursday. — PTI

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