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China Business Weekly - 10 May 2022

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  • China's economy expected to recover by the end of May
  • China still expected to reach its 5.5% GDP growth target this year
  • China calls for removal of U.S. tariffs on Chinese imports
  • ”Severe challenges” for EU firms in China due to zero-Covid rules and Ukraine war
  • Quarantine reduced to 10 days; mass testing continues in Beijing; Shanghai reimposes some lockdowns after one-day rise in cases
  • Webinar: The economic landscape in China: challenges and opportunities after 2.5 years of pandemic – Thursday 5 May 2022
  • Home buying regulations relaxed in 85 cities
  • Hong Kong property sales climb to three-month high
  • Mobile payment apps support wider use of e-CNY
  • China's services activity fell sharply in April to lowest level in two years
 
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