Coronavirus-driven disruptions to economic activity, including citywide lockdowns and transport restrictions, are weighing on China’s GDP growth. Photo: EPA-EFE
Coronavirus: economic toll of China’s latest outbreak ‘10 times more severe’ than Wuhan in 2020
Coronavirus-driven disruptions have affected 160 million people this year in cities with a total economic output of 18 trillion yuan (US$2.68 trillion), a top economist says
It is challenging for China to reach its economic growth target of ‘around 5.5 per cent’ for 2022, or even match the 2.3 per cent figure of 2020, Xu Jianguo says