China GDP and industrial production
Spotlight on China Where GDP Contracted by Greater-than-Forecast 2.6% Last Quarter
July 15, 2022
Unlike any other country, China’s government treats Covid with no mercy, and so when the highly contagious subvariant emerged in March, officials resorted to aggressive lockdown tactics to stamp it out, regardless of economic cost. The 2.6% quarter-on-quarter slide was about a percentage point more than expected and the most since 10.5% plunge in the […] More
