China’s 2022 Economic Growth Slows Due to Coronavirus Restrictions
Beijing abruptly changed its tight zero-Covid stance last month. The world’s second-largest economy’s GDP increased by 3% in 2022. Although far lower than the government’s 5.5% target. The second-slowest rate of economic growth in China’s history was recorded last year, a sign of the negative impact the nation’s stringent coronavirus laws have had on the … Read more