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

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

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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. The new…

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