First quarter provincial GDP data has underscored the impact of China’s latest Omicron outbreak on the economy. Photo: AFP
First quarter provincial GDP data has underscored the impact of China’s latest Omicron outbreak on the economy. Photo: AFP
China GDP

China GDP: lacklustre provincial growth underscores impact of worsening coronavirus outbreak and lockdowns

  • Six provincial-level jurisdictions – all of which suffered a rise in infections – lagged behind the national GDP growth rate of 4.8 per cent in the first quarter
  • China’s overall growth outlook is weakening, as lockdowns in places like Shanghai drag on and as cases now start to rise in the capital Beijing

First quarter provincial GDP data has underscored the impact of China’s latest Omicron outbreak on the economy. Photo: AFP
First quarter provincial GDP data has underscored the impact of China’s latest Omicron outbreak on the economy. Photo: AFP
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