SHANGHAI -- China posted its weakest quarterly growth in two years on Friday as COVID-19 lockdowns in major cities, including the financial capital of Shanghai, hit factory output and consumer activity.
Economy
China posts weakest quarterly growth in 2 years on COVID lockdowns
Shanghai lockdown flattens second quarter growth to 0.4% from a year earlier
The Yangshan Deep Water Port in Shanghai. China's economy eked out a 0.4% year-on-year expansion in the second quarter, slowing sharply from the first quarter. © Reuters
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