China Gives World First View of Post-Lockdown Rebound: Eco Week

(Bloomberg) — The country first hit by the coronavirus pandemic will this week have a clearer picture of its progress on nursing the economy back to health.China reports second-quarter gross domestic product on Thursday, along with monthly readings for industrial output and retail sales. An easing of lockdown measures plus a modest amount of policy stimulus should be enough to post a positive growth rate, after the historic 6.8% collapse in the first quarter.Economists forecast a 2.5% expansion in the three months to June, with the recovery momentum largely unscathed even after a fresh outbreak in Beijing prompted the return …read more

Source:: Yahoo Finance

      

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