News Snapshot:
NEW YORK, July 8 (Xinhua) -- The Chinese economy has staged an impressive rebound from the COVID-19 shock amid the country's effective efforts to contain the virus, analysts have said. "Our tracking points to a clear V-shaped recovery in China," analysts at the Institute of International Finance (IIF) said in a report released Tuesday, adding China's economic activity improved noticeably in the second quarter following a downbeat reading in the prior quarter due to the pandemic fallout. China has been on the path to normalization with industrial production and manufacturing painting a V-shape, while retail trade remains weak, said the...
