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China provinces show strong signs of second quarter economic rebound after coronavirus

Summary:
[unable to retrieve full-text content]China’s provinces showed positive signs of growth in the first half of the year, offering fresh evidence of an economic recovery in the second quarter amid ongoing risks from the coronavirus pandemic and increasing geopolitical uncertainty.While a number of large provincial economies contracted in the first half of the year compared to a year earlier, the size of the declines narrowed sharply compared to the first quarter, implying positive growth in the April-June period. Provincial…

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Tyler Durden writes Daily Briefing – August 4, 2020

[unable to retrieve full-text content]
China’s provinces showed positive signs of growth in the first half of the year, offering fresh evidence of an economic recovery in the second quarter amid ongoing risks from the coronavirus pandemic and increasing geopolitical uncertainty.While a number of large provincial economies contracted in the first half of the year compared to a year earlier, the size of the declines narrowed sharply compared to the first quarter, implying positive growth in the April-June period. Provincial…

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