China’s Economic Distress Deepens as Lockdowns Drag On

HONG KONG – China’s economy plunged deeper into the Covid-induced doldrums last month, raising questions about whether Beijing’s planned stimulus measures can stave off a recession. prolonged or not.

Consumer spending and factory output fell in April, while growth in infrastructure investment – which Beijing believes to spur growth this year – slowed sharply, the National Bureau of Statistics said. China reported on Monday. China’s Economic Distress Deepens as Lockdowns Drag On

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