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In China, It’s Time to Splurge Again, and the Luxury Industry Is Relieved

This time last year, Shanghai — China’s capital of fashion and luxury — was in the throes of a ruthlessly enforced Covid lockdown. The city’s glittering high-end malls and avenues […]




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With ‘Zero Covid’ Behind It, China’s Economy Starts to Recover

China’s consumers, while wary of big-ticket purchases like cars or apartments, are spending again. Many factories are still running below capacity, but exports are strengthening. Even as construction of new […]




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China’s Economy Stumbled Last Year With Covid Lockdowns Hobbling Growth

The Chinese economy had one of its worst performances in decades last year as growth was dragged down by numerous Covid lockdowns followed by a deadly outbreak in December that […]




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China’s Economy Stumbles in the Fog of Covid War

China’s economic engine has shuddered in recent months, hurt by lockdowns imposed to curb the spread of Covid. Housing sales sagged. Many shops and restaurants in some cities shuttered, some […]




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China’s Economy Is Slowing, a Worrying Sign for the World

BEIJING — Construction and property sales have slumped. Small businesses have shut because of rising costs and weak sales. Debt-laden local governments are cutting the pay of civil servants.China’s economy […]




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China’s Growth Slows as Pandemic Fears Persist

BEIJING — After a year of leading the global economy out of the pandemic slump, China’s growth is now starting to level off, as the world tries to assess whether […]