China Sees Contraction In Economy

China’s economy contracted sharply in the second quarter of this year as widespread coronavirus lockdowns hit businesses and consumers.

Gross domestic product (GDP) fell by 2.6% in the three months to the end of June from the previous quarter.

Major cities across China, including the major financial and manufacturing center Shanghai, were put into full or partial lockdowns during this period.

This comes as the country continues to pursue its “zero-Covid” policy.

Support The Readers Bureau Buy A T-Shirt Today (4 different colors)! click

Readers Bureau, Contributor

Edited by Jesus Chan

Do you want to add feedback to this story?

Please add a comment in the box below or send an email to,  Call us at 201-500-7715