China's economic recovery continues in May: expert

A customer wearing a face mask to protect against the new coronavirus looks at automobiles in a Tesla car showroom in Beijing, Thursday, June 11, 2020. China’s auto sales surged 14.5% in May, a second straight month of growth as the global industry’s biggest market gradually recovers from the coronavirus pandemic. - AP

WASHINGTON (Xinhua): China's economic recovery continued in May with consumer spending, manufacturing and investment all "bouncing back strongly" and the Covid-19 pandemic largely under control, according to a US investment expert.

"When thinking about prospects for the Chinese economy, one of the most important factors is whether the coronavirus remains under control," Andy Rothman, investment strategist at San Francisco-based investment firm Matthews Asia, wrote in an analysis earlier this week.