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Economic activity in China shook off a monthslong slump in January following the lifting of Beijing’s zero-Covid policy, a positive sign for a global economy that faces a litany of challenges this year.

China’s Consumers Drive Rebound in Economic Activity

Risks remain and the depth and duration of the nation’s recovery face challenges even as Covid-19 appears to be waning, economists say.

12:03 PM · Jan 31, 2023

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Official gauges of activity in both manufacturing and services improved sharply, signaling fresh green shoots in China’s economy, which grew at one of its slowest rates in decades in 2022 amid stringent pandemic restrictions.

China’s Consumers Drive Rebound in Economic Activity

Risks remain and the depth and duration of the nation’s recovery face challenges even as Covid-19 appears to be waning, economists say.

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