New government data shows that growth for the year fell far short of Beijing’s goal. With Covid curbs lifted but the pandemic’s course uncertain, hope and fear cloud the forecast.
Tag: Gross Domestic Product
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Battered and Strained by War, Ukraine’s Economy Adapts to Survive
After 10 months of Russian destruction, Ukraine’s economy shrank by 30 percent. But companies have packed up and moved, switched products and found support abroad.
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China’s Future Isn’t What It Used to Be
Global dominance has been postponed, maybe indefinitely.
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S&P and Stocks: Markets Fall on Strong Economic Data
Two new economic reports on Thursday fanned fears that the Federal Reserve might need to go further in its aggressive fight against inflation.