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Please help update this article to reflect recent events or newly available information. ( March 2024 ) A series of economic crises have affected China since the country enacted its zero-COVID policy during the COVID-19 pandemic .
In an Aug. 7 interview on CNBC, he also touched on China's demand problem, saying households have seen their incomes grow slowly while economic uncertainty has made them reluctant to spend.
The Chinese economy was expected to recover quickly in 2023 and resume its role as the undisputed engine of global growth. Instead, it stalled to the point where it’s being called a “drag ...
The threat of deflation doesn't seem to worry Chinese President Xi Jinping that much even as the world's second-biggest economy continues to struggle with weak growth.
On 28 December 2019, Lili Ren, a virologist at the Chinese Academy of Medical Sciences & Peking Union Medical College in Beijing uploaded a partial sequence of the COVID-19 virus's structure to the United States National Institutes of Health's GenBank. The NIH did not publish the submission, as it did not include technical information required ...
A weekly update on the impact of the COVID-19 pandemic on the world economy, and on major individual economies such as the US, China, Japan, other Asian economies, Europe, Australia and New Zealand has been produced by Saul Eslake, one of Australia's best-known economists, since late April 2020. [258]
China’s economic recovery continued to lose steam in the second quarter of 2023, prompting urgent calls for more stimulus from Beijing. The world’s second largest economy expanded by 6.3% in ...
As of 2023, the COVID-19 pandemic is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS CoV‑2). Its effect has been broad, affecting general society, the global economy, culture, ecology, politics, and other areas.