Business daily – China’s economy continues to rebound, but warnings of uncertainty ahead

China was the only major economy to expand in all of 2020
China was the only major economy to expand in all of 2020 STR AFP/File

The latest economic figures from China show the recovery from last year’s coronavirus slump is continuing, with growth of 7.9 percent between April and June, compared to the same period in 2020. The country’s National Bureau of Statistics, however, has warned of “uncertainties” facing the economy for the rest of the year, including from new strains of Covid-19. China was the first major economy to recover to pre-pandemic levels as it applied strict controls to coronavirus outbreaks.

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