July 16, 2020

China emerged on Thursday as the leader in the race among countries to get their economies back on track from the devastating pandemic that continues to ravage through many parts of the world.

The country's economy grew 3.2 percent in the second quarter, reversing from a 6.8-percent contraction in the first quarter, official data showed, underlying the resilience deeply rooted in China's economy amid a global freefall, when the coronavirus pandemic has plunged most major economies into a near standstill.   

More importantly, the rebound foreshadows a steady trajectory for sustained recovery in the world's second-largest economy going forward, despite lingering challenges and risks, as the country effectively reined in recent resurgences of the virus and is ready to open up more businesses, analysts said. 

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https://www.globaltimes.cn/content/1194794.shtml