Chinese trade sees surprise bounce | The Malaysian Insight

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Chinese trade sees surprise bounce

A woman in traditional Chinese dress at Qianmen commercial street in Beijing recently. China's economy is expected to have grown in April-June, having shrunk 6.8% in the preceding three months as the virus battered the planet. – EPA pic, July 14, 2020.

CHINESE trade enjoyed surprise growth last month as the world slowly emerges from economy-strangling lockdowns, though officials warned of headwinds for recovery owing to the spread of the pandemic. The figures come days before the release of data expected to show the world’s No. 2 economy returned to growth in the second quarter following a contraction in the first three months of the year.

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Source: Financial Digest (financialdigest.net)

 

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