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With COVID lockdowns lifted, China says it's back in business. But it's not so easy
Added 01-30-23 05:07:01am EST - “China has been trying to woo back foreign investors and businesses after nearly three years of self-imposed isolation, but a quick economic recovery will also hinge on domestic consumption.” - Npr.org
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Posted By TheNewsCommenter: From Npr.org: “With COVID lockdowns lifted, China says it's back in business. But it's not so easy”. Below is an excerpt from the article.
A delivery rider picks up his customers' online order as residents line up outside a store to buy Lunar New Year desserts in Beijing, Jan. 17. China's economic growth fell to its second-lowest level in at least four decades last year under pressure from anti-virus controls and a real estate slump. Andy Wong/AP hide caption
A delivery rider picks up his customers' online order as residents line up outside a store to buy Lunar New Year desserts in Beijing, Jan. 17. China's economic growth fell to its second-lowest level in at least four decades last year under pressure from anti-virus controls and a real estate slump.
China is emerging from nearly three years of self-imposed isolation, which has been a drag on the world's second-largest economy.
Earlier this month, Chinese officials reported 3% economic growth in 2022 – the second-lowest in at least four decades.
But now that stringent COVID lockdowns have been lifted, officials say the country is back in business. Analysts, however, say it won't be easy.
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COMMENTS VIA TWITTER
KOSURadio
China is emerging from nearly three years of self-imposed isolation, which has been a drag on the world's second-la… https://t.co/nPQYMYHYC7
MrMarchi
With COVID-19 lockdowns lifted, China says it's back in business. But it's not so easy - WFAE -- News | The Perfec… https://t.co/0vX22q3E3Y
MrSkanner
With COVID-19 lockdowns lifted, China says it's back in business. But it's not so easy - WFAE -- News | The Perfec… https://t.co/Fww10B4M7Y
ARTHURGCARTER1
With COVID lockdowns lifted, China says it's back in business. But it's not so easy https://t.co/FUFjpA0V6X
jpweave
With COVID lockdowns lifted, China says it's back in business. But it's not so easy https://t.co/XBMiQLUFkZ