Category: In Focus

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Fitch Rating sees a positive spillover from China’s well-performed recovery

Fitch Rating sees a positive spillover from China's well-performed recovery (CGTN)
Fitch Rating sees a positive spillover from China’s well-performed recovery (CGTN)

CGTN | 16-Jul-2020 | By Hu Binyi

China’s economy experienced a volatile first half, but the country reported a 3.2-percent economic growth in the second quarter of the year, compared to a year ago, which means China has emerged from the COVID-19 crisis. Continue reading “Fitch Rating sees a positive spillover from China’s well-performed recovery”

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China leads recovery in global trade plunge in 2020

China leads recovery in global trade plunge in 2020 (CGTN)
China leads recovery in global trade plunge in 2020 (CGTN)

CGTN | 16-Jul-2020

World trade fell sharply in the first half of 2020 due to the COVDI-19 pandemic. Still, some positive signs are emerging – the worst-case scenario projected previously seems unlikely. The world’s second-largest economy posts both export and import growth in June, the first double growth since the virus outbreak. Continue reading “China leads recovery in global trade plunge in 2020”