BBCNEWS World Business Report July 6, 2024
we begin in china where we've just had a slew of data that shows how deep the impact of both the pandemic and its demographics is having on society and the economy. data from the national bureau of statistics shows china's economy grew by 2.9% year—on—year for the last three months of 2022. that beat expectations — reuters expected the economy to grow byjust1.8%. for the full year growth came in at 3% — far below china's official target of 5.5%. excluding the year covid hit in 2020, this is china's worst showing in nearly 50 years. also today, the news that china's population...