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Jan 17, 2022

China says its economy has faced a triple whammy of pandemic pressures

From the BBC World Service: While the Chinese economy grew more than 8% last year, it has seen a drop-off in demand, supply-chain issues and weakening economic expectations. Plus, the Credit Suisse chairman has resigned amid reports he twice broke COVID-19 quarantine rules. And, Paris is cleaning up its river water quality ahead of the 2024 Olympics.

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There are concerns that the spread of the omicron variant in China could further pressure growth in the early months of 2022.
There are concerns that the spread of the omicron variant in China could further pressure growth in the early months of 2022.
NOEL CELIS/AFP via Getty Images

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China says its economy has faced a triple whammy of pandemic pressures