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."