NewsChina Q3 growth a blip: Covid still a drag on productivity and recession looms

October 24, 2022by 0

China has announced better-than-expected GDP growth for Q3, helped by “resilient” exports.
However, with President Xi cementing his grip on power with a record third five-year term during the recent party congress, the zero-Covid policy weighing down China’s long-term economic outlook is unlike to change, experts say.
China’s economy grew 3.9% in Q3, up from 0.4% in Q2, boosted by a 5.7% year-on-year export increase in September, in US dollar terms, but …

The post China Q3 growth a blip: Covid still a drag on productivity and recession looms appeared first on The Loadstar.

Leave a Reply

Your email address will not be published. Required fields are marked *

Our Company

Reinventing Supply Chain. One Control Tower at a Time.
/wp-content/uploads/2021/02/logo-1.png

Talk to Us

+52 55 9454 4097

+502 2315 4251

+1 33 2275 7104

talktous@mtmlogix.com

MTM Logix, 2022 © All Rights Reserved

Generated by Feedzy