HONG KONG -- A broad range of private sector analysts have downgraded their projections for China's economic growth this year in response to lockdowns imposed on Shanghai and other cities under the government's zero-COVID policy.
Economy
Analysts downgrade China's annual GDP outlook to 3-4% range
Lockdowns seen pushing down growth to far below official 5.5% forecast
A medical worker collects a swab sample from a cook for COVID testing in Shanghai. The city's lockdown has depressed projections for China's economic growth. © Reuters
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