China on Monday posted better-than-expected GDP growth in the first quarter, though retail sales for March slumped amid ongoing Covid lockdowns on the mainland.
Divided on China outlook
That's in sharp contrast to the approach taken by many other countries, which have largely eased restrictions and shifted toward a strategy of"living with Covid." But once that's dealt with, the Chinese economy should return to"reasonable" health, said the chief economist and head of research at the Australian bank.
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