China’s economy grows 4.8% in the first quarter of 2022

The world’s second largest economy got off to a surprisingly good start in the first two months of the year, with several major economic indicators released last month beating forecasts. But the outlook has worsened considerably since March, with the country’s biggest Covid outbreak in two years and escalating lockdowns starting to weigh heavily on activity.

— This is a developing story and will be updated.

Quoted from Various Sources

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