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China's zero-COVID policy poses challenge for manufacturers and supply chains | DW News

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The International Monetary Fund (IMF) said that China's economic recovery is well advanced but imbalanced due to weak consumption. The IMF forecasts the world's second-largest economy will grow 4.8% in 2022 and 5.2% in 2023, down from 8.1% growth last year. China analyst Fraser Howie told DW that China's zero-COVID policy has had a severe impact on global supply chains.

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#China #Evergrande #economy
Category
Europe
Tags
DW News, China, Evergrande
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