China's economy hit by double whammy in March

Activity in Chinese manufacturing and services simultaneously contracted in March for the first time since the height of the country's Covid-19 outbreak in 2020, adding to the urgency for more policy intervention to stabilize the economy.

from https://www.cnn.com/2022/03/31/economy/china-economy-pmi-contraction-hnk-intl/index.html

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