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China’s Consumers Give Economy a Post-Covid Boost
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HONG KONG—For years, economists have warned that China’s economy suffered from an imbalance that made its rapid growth unsustainable. The country was too reliant on investments and didn’t have enough consumer spending.
On Tuesday, China reported numbers that showed consumer spending was playing a stronger-than-expected role in driving its recovery after the country lifted its stringent zero-Covid measures. The big question is whether it will last.
Read more on wsj.comAbout this in other media
China’s Consumers Lead Recovery in April wsj.com /1 year ago
China’s Consumers Lead Recovery in April wsj.com /1 year ago
China’s Consumers Give Economy a Post-Covid Boost wsj.com /1 year ago
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