China says its economy is growing and rebounding from coronavirus

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China says its GDP grew by 3.2% in the second quarter of this year, compared to a year ago — beating analysts' expectations and rebounding from the first quarter's contraction caused by the coronavirus pandemic.

A man works at a construction site in the Central Business District in Beijing, China.Still, there are headwinds ahead as the outbreak that first emerged late last year in the Chinese city of Wuhan has spread globally, infecting more than 13.

"We are seeing an uneven recovery in China. Return to work, especially factory production, seems to be doing relatively much better," said Johanna Chua, head of Asia economics and strategy at Citigroup. Looking ahead, there is a question of how much China domestic demand can offset the accumulation in inventory due to weak external demand, Chua told CNBC's"Street Signs."

"We're still seeing a lot of concerns of a lack of virus suppression in the major markets," she added. The world economy is expected to fall into recession this year as many governments globally have implemented lockdowns and limited business activity and social gatherings. Slowing growth in global demand is expected to hurt Chinese exports.

 

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No wonder....that’s where we went for all our medical supplies!!

China has the most to lose futuristically speaking, when international stupidity happens

And the commit no civil rights violations either.

Last Sunday, a Korean diva Sohyang sang a song on the JTBC's busking program. She performed it for some labors of POSCO with famous K-artists. Please enjoy her beautiful and powerful voice. 'I will always love you.'

How does anyone believe anything that the Chinese government throws out?

Tell me lies tell me sweet little lies 🎶

Imagine that. The origin of the pandemic prospers, while the US flounders without end in sight. How much more feckless can this administration be?

Lie to me a little more PLEEEEEEEEEASEEE!!

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