China’s post-pandemic economic rebound loses steam
The world’s second largest economy grew by 7.9% in the second quarter compared to a year earlier. …
They were also heavily skewed, and less indicative of strong growth, as they are compared to last year’s huge economic contraction – China’s economy shrank 6.8% in the first quarter of 2020 due to nationwide lockdowns at the peak of its Covid-19 outbreak.
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