News Snapshot:
After a historic plunge in activity in the first three months of 2020, China's economy rebounded sharply in the second quarter, but a resurgence of coronavirus cases elsewhere and tensions with the US could dampen prospects for the rest of the year [Tingshu Wang/Reuters] It would probably be hard to find a clearer example of what economists describe as a "V-shaped recovery" as the figures China released on Thursday. China's economy beat most analyst expectations and posted a rapid rebound in the second quarter as coronavirus lockdowns were eased, allowing factories, shops and restaurants to resume operations. But continuing weakness...
