Industry Supply Chain Implications to Slower Economic Growth Across China
Supply Chain Matters
JULY 19, 2023
Keep in mind that because China ’s economy was impacted last year by widespread Covid-19 lockdowns, economists are focusing on quarter-to-quarter or annual average growth rates as a yardstick comparison for economic growth. The recent Q2 GDP number is below the average 8 percent to 9 percent growth levels prior to the global pandemic.
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