China’s economy returns to growth mode as Covid Lockdowns increase

SINGAPORE — Economic activity in China expanded in June after three straight months of decline, as official surveys of businesses and factories showed a modest recovery after coronavirus restrictions. Covid-19 is eased in the world’s second largest economy.

However, economists are disappointed by the prospects for a major revival, amid a global darkening and the risk of a further Covid outbreak.

https://www.wsj.com/articles/chinas-economy-returns-to-growth-mode-as-covid-lockdowns-lift-11656565192?mod=pls_whats_news_us_business_f China’s economy returns to growth mode as Covid Lockdowns increase

Luke Plunkett

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