China’s economy seen growing 2.5per cent in second quarter as lockdowns end, stimulus kicks in: Reuters poll
China's economy likely returned to modest growth in the second quarter after a record contraction, as lockdown measures ended and policymakers announced more stimulus to combat the shock from the coronavirus crisis, according to a Reuters poll.
BEIJING: China's economy likely returned to modest growth in the second quarter after a record contraction, as lockdown measures ended and policymakers announced more stimulus to combat the shock from the coronavirus crisis, according to a Reuters poll.
The world's second-largest economy likely grew 2.5per cent in April-June from a year earlier, reversing a 6.8per cent decline in the first quarter - the first contraction since at least 1992 when official quarterly gross domestic product (GDP) records started, the poll showed.
But the expected...