Spotlight: U.S. economists encouraged by China's economic rebound from COVID-19


By XiongmaolingGaopan
  • World
  • Monday, 20 Jul 2020

WASHINGTON, July 19 (Xinhua) -- Several U.S. economists have been encouraged by the rebound of the Chinese economy, as recent data indicated that the Asian country is the first major economy to get out of the COVID-19-induced recession.

"This is very encouraging news. The control of the epidemic made possible the recovery in the second quarter," Jeffrey Sachs, a renowned economics professor at Columbia University, told Xinhua via email. "In our world today, good public health is the key to good economic outcomes."

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

April 2024 marks warmest April on record: NASA
Ukrainian attack kills three, sparks fire at oil depot in Luhansk, Russia-installed governor says
Canada's unemployment rate unchanged at 6.1 pct in April
U.S. stocks close mixed
Peruvian president's brother arrested in Rolex scandal probe
Ethiopia launches construction of Chinese-contracted economic zone
Billionaire quant investing pioneer and philanthropist James Simons dies at 86
Crude futures settle lower
U.S. dollar ticks up
Number of active drilling rigs in U.S. down this week

Others Also Read