China's 2022 GDP growth among worst in decades on COVID impact

China's economy in 2022 expanded 3.0 percent from a year earlier, with the pace being one of the slowest in several decades, due to the nation's stringent "zero-COVID" policy and a subsequent explosion of infections later in the year, government data showed Tuesday.The world's second-largest economy decelerated significantly from an 8.4 percent expansion in 2021 and failed to achieve its growth target of around 5.5 percent for 2022. In 2020, China saw its gross domestic product increase only 2.2 percent amid the initial shock of the COVID-19 pandemic.The 3.0 percent GDP growth was the secon…READ FULL ARTICLE