China's economy shrinks on lingering Covid-19 woes

Jul 16th 2022 2:59am EDT

The country’s GDP plunged 2.6% on a quarterly basis China’s economy slowed in the second quarter of 2021, recording its worst quarterly performance since the start of 2020, when it was brought to a near standstill amid the first outbreak of the Covid-19 pandemic. According to data released by China’s National Bureau of Statistics (NBS) […]

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