China’s economy is ‘likely to recover in second half of 2023’: Premier Li Keqiang

China’s economy is expected to recover in the second half of this year, Premier Li Keqiang has said, as the nation eases its zero-Covid policy and focusses on boosting growth.

GDP grew 3 per cent in 2022, below the official target of 5.5 per cent, as the country battled Covid-19 outbreaks and lockdowns, a property market slump and weakening global demand.

Li said China’s economy continued to face .

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