Economics

China Struggles to Keep Growth Momentum Strong as Risks Escalate

A near-empty road in Shanghai on March 23.

Photographer: Qilai Shen/Bloomberg
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China struggled to boost economic momentum in March, as slumping car and home sales, stock market turmoil and higher inflation weighed on growth and a fresh round of Covid outbreaks swept across the country.

That’s the outlook from Bloomberg’s aggregate index of eight early indicators for this month. The overall indicator for the economy was unchanged from last month, but sub-indexes weakened almost across the board.