China's economy may be 'struggling' — but it's 'not in serious trouble,' says economist - CNBC

China on Monday posted better-than-expected GDP growth in the first quarter, though retail sales for March slumped amid ongoing Covid lockdowns on the mainland.

The Chinese economy is "struggling" for now but it's "not in serious trouble," according to Derek Scissors chief economist at research firm China Beige Book. "We're not looking at outright contracti… [+3750 chars]

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