China Economy Strengthens Despite Housing Mortgage Boycott, Covid Outbreaks - Bloomberg

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Markets

Economics

China’s Economy Strengthens in July


Despite Housing, Covid Woes

Shoppers and visitors walk along Nanjing Road shopping street in Shanghai, earlier in July. Photographer: Qilai
Shen/Bloomberg

Bloomberg News
26 July 2022 at 07:53 GMT+5:30

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China’s economic recovery gained momentum in July as business activities resumed and confidence
improved, despite disruptions from sporadic Covid outbreaks across the country. 
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