SHANGHAI -- China's gross domestic product growth swung back to the black in the April-June quarter, driven by a recovery in production and spending amid coronavirus-induced headwinds, signaling a major turnaround despite the plunging global economy.
The 3.2% year-on-year growth announced by the National Bureau of Statistics on Thursday eclipsed the 6.8% contraction in the first quarter -- the first negative growth since 1992, when the country started announcing growth every quarter. The latest result also beat the median 1.1% forecast by economists surveyed by Nikkei.
