As China’s Monetary Policy Eases Further, Q1 GDP Grows
April 18, 2022 at 18:05 PM EDT
The first quarter of 2022 saw GDP growth in China higher than was expected, coming in at a 4.8% increase compared to an expected 4.4%, but recent COVID-19 lockdowns have begun to dampen performance already, reported the Financial Times. As consumer spending slows — retail sales were down 3.5%...
