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China's economy grows 3.2% as virus lockdowns for coronavirus are lifted

China, where the coronavirus pandemic began in December, was the first economy to shut down

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China's economy rebounded from a painful contraction to grow by 3.2 per cent over a year earlier

1 min read Last Updated : Jul 16 2020 | 9:18 AM IST

China's economy rebounded from a painful contraction to grow by 3.2 per cent over a year earlier in the latest quarter as anti-virus lockdowns were lifted and factories and stores reopened.

The expansion reported Thursday was a dramatic improvement over the previous quarter's 6.8 per cent contraction China's worst performance since at least the mid-1960s. But it still was the weakest positive figure since China started reporting quarterly growth in the early 1990s.

China, where the coronavirus pandemic began in December, was the first economy to shut down and the first to start the drawn-out process of recovery in March after the

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