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China's economy seen growing 2.5% in Q2 as lockdowns end, stimulus kicks in: Poll

The world's second-largest economy likely grew 2.5% in April-June from a year earlier, reversing a 6.8% decline in the first quarter - the first contraction since at least 1992 when official quarterly gross domestic product (GDP) records started, the poll showed.

July 17, 2020 / 06:51 PM IST

China's economy likely returned to modest growth in the second quarter after a record contraction, as lockdown measures ended and policymakers announced more stimulus to combat the shock from the coronavirus crisis, according to a Reuters poll.

The world's second-largest economy likely grew 2.5% in April-June from a year earlier, reversing a 6.8% decline in the first quarter - the first contraction since at least 1992 when official quarterly gross domestic product (GDP) records started, the poll showed.

But the expected growth rate would still be the weakest expansion on record.

Forecasts by 55 analysts polled by Reuters ranged from a