Beijing [China], April 26 (ANI): China’s economy has slowed down, with consumption slumping and unemployment rising partly due to the COVID-19 lockdowns in Shanghai and the restrictions on private enterprise, media reports said.
The International Monetary Fund cut its growth forecast for China to 4.4 per cent, down from 4.8 per cent, citing risks from Beijing’s strict zero-COVID policy. This is well below China’s official
China’s economy slows down, unemployment rises
