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China’s economy shrinks sharply in Q2 on zero-COVID policy, GDP plunges to 0.4%

China’s economy shrinks sharply in Q2 on zero-COVID policy, GDP plunges to 0.4%
China’s economy contracted sharply in the second quarter plunging to 0.4 per cent, the lowest in two years, as the world’s second largest economy was hit hard by the zero-COVID policy.