China Leads in Global Economic Turnaround

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Around the globe, numerous economies are struggling to contain the spread of COVID-19 within their borders. Initial lockdown attempts did slow the spread, however this has led to a sharp economic decline, as effective post-lockdown mea-sures have struggled to reclaim the losses seen during the lock-downs. Following tough early measures to control the spread of the pandemic, through stra-tegic economic recovery efforts, China has managed to achieve a 3.2 percent GDP growth in Q2, whilst other major economies, such as those within the EU, experiencing record declines, with the EU area recording a 12.1 percent decline.
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