China’s Economy Rebounds After Three Years of Zero-Covid Isolation

Retail sales rose more than 10% in March, topping expectations and hinting at increased consumer confidenceSINGAPORE—China’s economy accelerated in the first three months of the year, pointing toward a robust recovery from three years of strict pandemic policies that had held back the world’s second-largest economy.

China’s gross domestic product expanded by 4.5% in the first quarter of the year compared with the year earlier, the country’s National Bureau of Statistics said Tuesday, as the lifting of three years of tough Covid-19 controls and Beijing’s supportive policies helped to rekindle growth.

Yes it’s going well according to the totally trustworthy Communist party.

This is a laugh, WSJ… are u funded by CCP ? My friend from Germany are moving his factories out. He show me pictures this afternoon, 8 out of 10 restaurants closed.

Lol

What? No ~ 'but at what cost?' The imperial media is getting soft. How are you gonna earn your State Department paycheck without a negative spin on a China story

I never believe anything that comes out of China. The government of China cannot be trusted about anything.

Is this true?

I don't believe anything the CCP publishes.

I’m sure that’s an accurate number by the commies

Really?

2023 Q1 GDP YoY 4.5% (est. 4.0%, prev. 2.9%) Retail Sales YoY 5.8% (est. 4.5%, prev. -2.7%) Industrial Production YoY 3.0% (est. 2.7%, prev. 2.7%) Fixed Asset Investment YoY 5.1% (est. 5.7%, prev. 5.0%)

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inflation Tests a Global Economy That Has Weathered Covid-19, Ukraine WarIMF and World Bank officials recently warned about what could go wrong in the global economy in the coming months when will your journalists acknowledge that a cabal of 'world leaders' are CAUSING the economic strain and WANT the economic pain, esp in western contexts These ghouls are dismantling our culture for their own gain. The enemies of individual Liberty and free trade. Yellen knows what can happen to our economy, yet she pledges support for Ukraine! Impeach her now.
Source: WSJ - 🏆 98. / 63 Read more »

At China's largest trade fair, exporters worry about world economyChinese exporters exhibiting their products at the country's largest trade fair said the weak global economy was hurting their businesses, with many freezing investments and some cutting labour costs in response. Did you say Stanley the Shit Family did it Oooh, COVID. Hahaha. As long as you follow the pace of China, the economy will not decline, I have a hunch
Source: Reuters - 🏆 2. / 97 Read more »