Compared to a year earlier, the economy grew 4% in the last three months of 2021, official figures show.
for the first time in more than three years, in response to calls to tackle surging price rises.
China's economy grew by an impressive 8.1% last year but the country was in the middle of pandemic lockdowns in 2020 so that is coming off a low base.The country's property sector is attracting less investment as some of its biggest developers face a debt crisis. Consumers also seem to be feeling less optimistic, with retail sales coming in much weaker than expected. China's strict zero Covid policy has meant that some major cities started to go back into lockdown from last month due to the Omicron variant. We have yet to see the full impact of that.
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