China’s Economy Contracts Sharply as Covid Zero Cuts Output
- Date: 16-May-2022
- Source: Yahoo News
- Sector:Economy
- Country:Middle East
China’s Economy Contracts Sharply as Covid Zero Cuts Output
(Bloomberg) -- China’s economy contracted in April, with Covid outbreaks and lockdowns dragging the industrial and consumer sectors down to the weakest levels since early 2020 as millions of residents were confined to their homes and factories were forced to halt production.
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