China's slow Golden Week holiday hints consumers holding back
Domestic travel during the 8-day long holiday was only 4% above 2019 levels, and undershot official government forecasts.
Source: fortune.com
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China's recovery still uneven with industrial sector lagging
The economy slowed at the end of 2022 as the Covid spread around the country, before beginning to pick up last month.
Source: moneyweb.co.za
China's Economy Is Showing Increasing Strain From The Covid Tsunami
China's economy continued to slow in December as the massive Covid-19 outbreak spread across the country, with activity slumping as more people stay home to try and avoid getting sick or to recover.
Source: ndtv.com
COVID tsunami pushes China's economy to the limit
The end of COVID zero in China is already having a significant impact on the economy with retail sales and travel data falling in December after an already subdued November.
Source: watoday.com.au
China's economic recovery faces fresh risks from global slowdown
The cost of shipping goods from China has slumped to the lowest level in more than two years as falling demand finally eases the congestion that had plagued global supply chains.
Source: moneyweb.co.za