China’s economic growth rate fell to three percent
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Growth in the world’s second-largest economy fell to 2.9 per cent in a year, according to government data. Experts say that the presence of people in shopping malls and restaurants is gradually increasing since the restrictions were lifted.
Beijing. In China last year, the economic growth rate fell to three percent due to the restrictions imposed to deal with the corona virus, the real estate recession. However, it is slowly improving since the restrictions were lifted. Growth in the world’s second-largest economy fell to 2.9 per cent in a year, according to government data.
Experts say that the presence of people in shopping malls and restaurants is gradually increasing since the restrictions were lifted. At the same time, according to the government, it seems that the current wave of infection has passed. Significantly, last year’s economic growth rate was less than half of 2021’s 8.1 percent.
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