China’s economy is facing pressure from coronavirus outbreaks and a property market downturn, among other challenges. Photo: Xinhua
China’s economy is facing pressure from coronavirus outbreaks and a property market downturn, among other challenges. Photo: Xinhua
China GDP

China GDP: headwinds from coronavirus, property market slump see provinces lower economic growth targets for 2022

  • The provinces of Zhejiang, Anhui, Chongqing, Sichuan and Hunan this week lowered their economic growth targets for 2022
  • The less ambitious goals underscore the challenges facing China’s economy, including the coronavirus and a property market downturn

China’s economy is facing pressure from coronavirus outbreaks and a property market downturn, among other challenges. Photo: Xinhua
China’s economy is facing pressure from coronavirus outbreaks and a property market downturn, among other challenges. Photo: Xinhua
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