China records second-lowest economic growth figure in almost 50 years after Covid-ravaged 2022

02:24

China records second-lowest economic growth figure in almost 50 years after Covid-ravaged 2022

China GDP

China GDP: economy grew by 2.9 per cent in fourth quarter, 3 per cent in 2022 second-lowest since 1976

  • China’s economy grew by 2.9 per cent in the fourth quarter of 2022, compared with a year earlier, down from the 3.9 per cent growth seen in the third quarter
  • This brought the economic growth rate for 2022 to 3 per cent, below the ‘around 5.5 per cent’ target which had long been seen as unattainable due to the coronavirus

China records second-lowest economic growth figure in almost 50 years after Covid-ravaged 2022