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Coronavirus: Chinese economy bounces back

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The big issue for governments everywhere has been finding the balance between responding to the public health crisis of Covid-19 and making sure the negative impact on economies can be mitigated.

There is positive data coming out of China: the economy there returned growth in the second quarter. It is one of the world’s earliest signs of recovery from the fallout of the coronavirus pandemic. Gross domestic product grew 3.2 per cent in the three months to the end of June, compared with the same period last year, which indicates the country has managed to avoid recession.

The BBC’s Razia Iqbal has been speaking to Qian Liu, who is a Chinese economist and managing director of the Economist Group in Greater China.

Photo shows: Employees work on a truck assembly line at a factory in Fuyang in China”s eastern Anhui province on July 16, 2020. Credit: Getty Images

Source: BBC.co.uk

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