ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

China economy hit in April as zero-COVID slams brakes on growth

Widespread lockdowns dent consumer spending; vehicle sales plunge

Tesla's factory in Shanghai temporarily shut most production amid citywide lockdowns.   © Reuters

SHANGHAI -- China's key economic data tumbled in April as virus lockdowns, including in the financial capital Shanghai, choked business activity, and unstable global commodity markets raised fears about growth. 

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more