from Statista.com
— this post authored by Felix Richter
The Chinese economy returned to growth in the second quarter of 2020, after the coronavirus outbreak had resulted in the first quarterly GDP decline on record in Q1 2020. According to the National Bureau of Statistics of China, the country’s GDP grew by 3.2 percent in the three months ended June 30 compared to the same period of the previous year, marking the second lowest growth rate since 1992 for the notoriously booming economy.
Please share this article – Go to very top of page, right hand side, for social media buttons.
China’s economic output had declined by 6.8 percent year-over-year in the first three months of 2020, after the coronavirus outbreak which originated in Wuhan (Hubei province) in December and the ensuing lockdown had stopped the country in its tracks. Prior to the COVID-19 crisis, China’s economic growth had stabilized around 6 percent following a gradual slowdown from more than 10 percent growth in the first decade the 21st century.
.
You will find more infographics at Statista.
.