Hong Kong (CNN Business) China's economy is growing again after its worst three-month period in decades. 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. In the first quarter, the $14 trillion economy shrank 6.8%, the worst plunge for a single quarter on record since China started publishing those figures in 1992. China — the early epicenter of the outbreak and the first in the world to impose draconian measures to quell the virus — was the first major economy to reopen . The early return to growth for China could foreshadow good news for the rest of the world.

Source: CNN July 16, 2020 02:37 UTC