Is China’s second quarter GDP as rosy as it seems?

China has painted a rosy picture of the country’s economic outlook after reporting a stronger-than-expected 3.2 per cent growth rate in the second quarter, but some analysts have said the sum of all official data for the period does not reconcile with the growth figure.While there are strong signs economic activity did recover from the 6.8 per cent contraction caused by the coronavirus shock in the first quarter, the latest figures from the National Bureau of Statistics and other government…

Read the original article at South China Morning Post