China's economy rebounded at a faster-than-expected pace in the second quarter underpinned by strong industrial output as global economies attempt to recover from the unprecedented downturn posed by the coronavirus pandemic.
Data published by the National Bureau of Statistics showed that gross domestic product grew 3.2 percent on a yearly basis in the second quarter, in contrast to the 6.8 percent contraction logged in the first three months, which was the first fall since 1992. GDP was expected to grow 2.5 percent.
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