Published 10:53 IST, October 19th 2020
China's economy accelerates as virus recovery gains strength
China, where the outbreak began in December, became the first major economy to return to growth with a 3.2% expansion in the quarter ending in June. Output contracted 6.8% in the year’s first quarter.
Advertisement
China’s ecomic growth accelerated to 4.9% over a year earlier in latest quarter as a shaky recovery from coronavirus pandemic gared strength.China, where outbreak began in December, became first major ecomy to return to growth with a 3.2% expansion in quarter ending in June. Output contracted 6.8% in year’s first quarter.
ruling Communist Party began easing anti-disease controls and reopening factories, shops and offices in March after declaring virus under control but has kept monitoring and some travel controls in place.China has reported 4,634 coronavirus deaths and 85,685 confirmed cases, as well as three suspected cases.
Advertisement
(Im Credit: AP)
This story has t been edited by www.republicworld.com and is auto-generated from a syndicated feed.
Advertisement
10:53 IST, October 19th 2020