2022China Update ReportsEconomic Update Reports

China’s GDP slowed sharply to 0.4% (YoY) in Q2 following lockdowns and global inflation

By 21 July, 2022May 8th, 2023No Comments

China Q2

China’s GDP declined sharply in Q2 to 0.4% (YoY). Apart from the first quarter of 2020 during the initial covid outbreak, this quarter registered the slowest growth since the data series first started in 1992. The decline can primarily be attributed to the aftermaths of widespread lockdowns imposed under March and April.

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