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Search resuls for: "Evelyn Cheng Is A Senior Correspondent With Cnbc."


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BEIJING — China reported GDP growth for 2022 that beat expectations as December retail sales came in far better than projected. The GDP growth number did miss the official target of around 5.5% set in March. Retail sales drop far less than expectedRetail sales fell by 0.2% for the year. Those online sales accounted for 27.2% of total retail sales. and U.S.China’s leaders are set to announce the full-year GDP growth target in March at an annual parliamentary meeting.
Murray, director of the Institute for Health Metrics and Evaluation, pointed out there were likely billions of omicron infections worldwide this year, but no new Covid variant has emerged, only subvariants of omicron. “That’s why I would put the risk as quite low that there is a dangerous new variant in China,” he said. The U.S., Japan and a few other countries this week subsequently announced new Covid testing requirements for travelers from China. China’s National Health Commission said Sunday it would stop releasing daily information on Covid infections and deaths. Covid testing is no longer mandatory in China.
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