China adds billions to its 2021 GDP estimate, but its economy is facing a big test this year

China’s gross domestic product (GDP) for 2021 was over half a trillion yuan more than initially calculated, official data revealed Tuesday. The update comes at a time the world’s second-largest economy faces severe strain from an unprecedented wave of Covid infections sweeping the country.
Story Published at: December 27, 2022 at 08:59AM