China's economy rebounds strongly in second quarter

But analysts say challenges remain with unemployment and consumer spending still major concerns

Published Thu, Jul 16, 2020 · 09:50 PM

    Beijing

    CHINA'S economy rebounded in the second quarter as stimulus measures avoided a recession, with most of the country reopening successfully after nearly two months of lockdown due to the Covid-19 pandemic.

    However, figures published on Thursday by the National Bureau of Statistics (NBS) point to an uneven recovery with consumption lagging behind supply.