China's economy rebounds post Covid
Yunita Ong
Driving the growth of knowledge content on LinkedIn | GenAI, content strategy and operations
China posted a 3.2% growth in GDP from a year earlier, boosted by a rise in industrial production and government stimulus as the country got back to work after lockdowns. The results beat analyst expectations and came after a 6.8% slump in the first quarter of the year – the country's first such GDP contraction since record-keeping began in 1992. Overall for the first six months, the world's second largest economy contracted by 1.6% and in the second quarter, consumption remained soft.
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