The Chinese economy in the second quarter of this year, been increased, after a sharp contraction in the first three months of the year, as a result of the outbreak of the COVID-19, in China first started.
Compared to the previous year, increased gross domestic product (gdp) in the period from april to June, with a 3.2% increase reported in the Chinese statistical office on Thursday. China was the first country in the world is in partial lockdown, and was able to allow the economy to quickly start up.
Also, the government has a lot of money injected into the economy, private consumption and investment were still lagging behind. The growth rate of 3.2 per cent for the Chinese terms are also low, since 1992, they note, China's one-groeirecord on the other. Only in the first quarter of this year, there was an unprecedented decline of 6.8 per cent.