Home Business Stock markets today, April 18, 2022. Chinese growth beats expectations, but lockdowns weigh on the future

Stock markets today, April 18, 2022. Chinese growth beats expectations, but lockdowns weigh on the future

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Stock markets today, April 18, 2022. Chinese growth beats expectations, but lockdowns weigh on the future

MILANO – Beijing beats economists’ expectations, growth holds up to the first blow of the wave of return of Covid, but according to analysts it will be hard to hit the annual economic expansion objectives in light of the tough policy of containing the virus. In the first quarter of 2022, China recorded a growth of the Gross Domestic Product of 4.8% per yearwell above the + 4.4% expected by analysts, while on a cyclical basis the growth was 1.3% (against expectations of + 0.6%).

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