China economy rebounds in Q2 after virus hit, reveals poll conducted by AFP.
China returned to growth in the second quarter after the coronavirus pandemic handed the world’s second largest economy its first contraction in decades, according to an AFP poll of analysts. The survey of analysts from 11 institutions pegged China’s growth at 1.3 percent – a far cry from the 6.1 percent expansion posted last year but in better shape than other countries still grappling with the contagion.
The United States, the country hardest hit by the coronavirus, on Saturday posted 66,528 new cases, a record for a 24-hour period, according to a tally from Johns Hopkins University. The country has now recorded a total of 3,242,073 infections, the Baltimore-based university said in its latest data as of 8:30 pm (0030 GMT Sunday). The death toll stood at 134,729 with 760 additional deaths counted.The US has now seen daily new cases top 60,000 in four of the past five days.