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Economy

China regains 1.1% GDP growth in Q2 on production rebound: Nikkei survey

Full-year estimate lowered to 1.6% as export headwinds and COVID-19 weigh

Chinese economy likely expanded in April-June period but recovery is far from a V-shaped rebound.    © Reuters

HONG KONG -- China's economy likely expanded 1.1% in the April-June period on a recovery in production and consumption, rebounding from a 6.8% contraction for the previous quarter during the peak of coronavirus cases in the country, according to the consensus of economists surveyed by Nikkei and Nikkei Quick News.

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