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More Covid in China: Economic Turmoil Abounds

Por: MarketWatch Business December 26, 2022

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Economists are seeking out other proxies to gauge the impact. In a note to clients, Capital Economics’ China economist Sheana Yue says the rapid rise in infections has curtailed in-person activity even further, with alternative economic gauges leading her to estimate the pace of year-over-year economic contraction deepened to almost 7% in November from 4% in October. Much of the hit is being felt in the services sector, with activity an... + full article



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