Beijing: China's economic growth fell to 3 per cent last year under pressure from antivirus controls and a real estate slump but is gradually reviving after restrictions that kept millions of people at home were lifted.
Growth of the world's second largest economy slid to 2.9 per cent over a year earlier in December from the previous month's 3.9 per cent, government data showed Tuesday.
Forecasters say activity is reviving but wary consumers are returning only gradually to shopping malls and restaurants amid a surge in COVID-19 infections. The government says the peak of that wave appears to have passed.
Last year's expansion was less than half of 2021's 8.1 per cent growth
Navi Mumbai Crime: Education Board Official Caught Accepting ₹8,000 Bribe To Provide Writer For SSC Exam
USA Thrash Netherlands By 93 Runs In T20 World Cup
Panvel Municipal Corporation Removes Illegal Huts, Hawkers And Roadside Encroachments In Kamothe And Navade
Mumbai Police And Anti-Terrorism Cell Detain Over 30 Illegal Bangladeshi Nationals In Citywide Drive
.jpg)
