China says GDP grew 3.2% in Q2, 'rebounding from coronavirus'

Many companies have been watching China to see if it can predict the fate of economies elsewhere. So it will come as good news that the country first affected by Covid saw second-quarter growth of 3.2%, year on year. The first quarter saw its GDP contract by 6.7%, its first decline since it began quarterly records in 1992. As ever, however, the validity of numbers from China come with a warning, as CNBC reports.