China's Q1 growth jumps 4.5% after zero-Covid scrapped
China's economy grew 4.5 per cent year-on-year in the first quarter, official data showed Tuesday, after Beijing scrapped its zero-Covid measures late last year.
Source: thedailystar.net
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China's economy grew 4.5 per cent year-on-year in the first quarter, official data showed Tuesday, after Beijing scrapped its zero-Covid measures late last year.
Stock markets rose on Wednesday as data showed decade-high Chinese factory activity last month after leaders began reopening the economy from years of painful zero-Covid measures.
Scrapping of pandemic restrictions removes a source of uncertainty, but businesses face a long winter ahead