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China’s economic activity plummets as COVID lockdowns hit growth

©The Financial Times Limited 2020 May 16, 2022 / 12:18 PM IST
All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.

China’s economy had already been under pressure from a liquidity crisis across its highly leveraged real estate developers and a wider property slowdown as home sales collapsed

(Image: Reuters)

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