China has become the first major economy to show signs of recovery and avoid recession amid the coronavirus pandemic, with its gross domestic product (GDP) rising 3.2 percent in the second quarter.
The positive economic growth, reported by China’s National Bureau of Statistics (NBS) on Thursday, came after a sharp contraction in the first three months of this year. China’s GDP shrank by 6.8 percent in Q1 – the first such contraction since 1992, when official quarterly GDP records started.
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