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gfp927z

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Saturday, 07/16/2022 6:28:58 PM

Saturday, July 16, 2022 6:28:58 PM

Post# of 219
>>> China's economy brakes sharply in Q2, global risks darken outlook


Reuters

July 15, 2022

By Kevin Yao


https://www.reuters.com/world/china/chinas-q2-gdp-growth-slows-sharply-04-yy-missing-fcast-2022-07-15/


Summary

China's Q2 GDP shrinks from Q1, Y/Y growth slows sharply

Widespread COVID lockdowns hammer industrial activity, demand

June shows bounce in activity, but global risks darken outlook

Fresh COVID flare-ups, Ukraine War, global rate hikes heap pressure

Analysts expect full year GDP growth to lag govt target of 5.5%

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