China growth outlook cut by World Bank

The World Bank has cut its China growth outlook for this year and next, citing the impact of the abrupt loosening of strict COVID-19 containment measures and persistent property sector weakness, reports Reuters. The Washington-based lender, in a report released on Tuesday, said it expected China’s economy to grow 2.7% in 2022, before recovering to […]

China growth outlook cut by World Bank


Categories: Economic History

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