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• zero-COVID policy

Real Estate and Construction Sector Decline Critically Hit Chinese Economy

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  admin / 2 years
• 0
• 4 min read

Last year, the economy of China moved at its slowest pace in the past 4 decades. A property crisis and COVID lockdowns massively hammered the country’s economy. However, the forecast-defeating reading enhanced hopes for a powerful recovery after its opening. The inflexible consent of Beijing to its zero-COVID policy of harder management effectively shut down […]