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China's economy is growing again. That's good news for the rest of the world


Hong Kong (CNN Business)China's economy is growing again after its worst three-month period in decades. While that could bode well for the global post-coronavirus recovery, the data suggests that people are still nervous about leaving their homes and spending money.

The world's second largest economy grew 3.2% in the April-to-June period compared to a year ago, according to government statistics released on Thursday. That's better than the 2.5% growth that analysts polled by Refinitiv were expecting.

It also means that China averted recession. In the first quarter, the $14 trillion economy shrank 6.8 ...


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