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asia policy economy

China’s Economy Shows Recovery Signs as Covid Restrictions Ease

By
Juro Osawa
· · Source: The Wall Street Journal

China’s latest official data showed economic activity expanded in June as the country’s eased its Covid-19 restrictions, The Wall Street Journal reported. China’s official purchasing managers index for non-manufacturing sectors rose to 54.7 in June from 47.8 in May, thanks to a recovery in construction and services industries after Shanghai ended a severe Covid lockdown and other cities also...

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