China's economy didn't bounce back in the second quarter, China Beige Book survey finds - CNBC


6/28/2022 12:00:00 AM2 years 10 months ago
by Evelyn Cheng

"While most high-profile lockdowns were relaxed in May, June data do not show the powerhouse bounce-back most expected," according to a report released Tuesday.

China's exports surged by 16.9% in May from a year ago, two times faster than analysts expected. Pictured here on June 15, 2022, are workers in Jiangsu province making stuffed toy bears for export. … [+3039 chars]

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