Just Earth News | @justearthnews | 16 Jan 2023, 09:43 pm Print
Pixabay
Beijing: China's economic state witnessed one of its slowest growths in several decades amid COVID-19 infection surge in recent times.
Official figures show gross domestic product (GDP) in the world's second largest economy rose by 3% in 2022, reports BBC.
This is below the government's estimated 5.5 percent target.
Beijing, which was following a strict zero-COVID policy, lifted it abruptly recently.
The policy had a major impact on the country's economic activity last year but the sudden relaxation of the rules has led to a jump in Covid cases that threatens to also drag on growth in the early part of this year, the British media reported.
Other than at the start of the pandemic in 2020, when full-year GDP expanded 2.2%, last year's economic growth was the weakest since 1976, BBC reported.
- Google job paying Rs 3.3 Crore was his dream—Then he quit to build a startup
- GTA 6 hit by major security breach? Full Leonida map and gameplay leak online
- World’s largest battery-electric aircraft takes flight — And it cost just $5 in electricity
- Samsung teams up with Call of Duty: Modern Warfare 4 in major gaming partnership. All details here
- Nearly 40,000 SafePal customers hit by data breach—Here’s what hackers got

