Covid: China 2022 economic growth hit by coronavirus restrictions

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The world's second largest economy abruptly lifted its tough coronavirus restrictions in December.

Economists have warned over the state of the global economy in recent months, pointing to several issues having an impact on growth.perilously close to falling into recessionThe organisation's latest forecast blamed a number of factors stemming from Russia's invasion of Ukraine and the impact of the pandemic.

It helps businesses to judge when to expand and hire more people, and governments to work out how much to tax and spend. Prices in the final month of 2022 fell by 0.2% from a month earlier as Covid-19 outbreaks across the country hurt demand.

Source: Financial Digest (financialdigest.net)

 

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Not hard enough

The same type of Covid restrictions BBC News called for us to endure.

Really? Not brexit? 😉

how about reporting on tax fraud

Why are yon not covering the Nadhim Zahawi tax fraud story

China's economy grew by just 3 percent in 2022.

UK 2022 economic growth hit by the Chairman of the Tory party not paying his tax until HMRC chased him down.

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