Logo 19 May 2022

Deep dive | Economic collapse in April makes stimulus siren call hard to avoid

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Exec sum:

April’s dire econ numbers put to bed the idea that China’s 5.5% GDP growth target for this year is reachable. The economy cratered last month as COVID-19 mitigation measures brought economic activity in many parts of the country to a halt.
Consumer spending plunged; home sales, which...



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