China’s economy takes a hit from Covid-19 lockdowns • FRANCE 24 English

FRANCE 24 English published this video item, entitled “China’s economy takes a hit from Covid-19 lockdowns • FRANCE 24 English” – below is their description.

New data shows China’s economy cooled sharply in April, as many cities including Shanghai suffered Covid-19 lockdowns. Industrial output dropped nearly 3 percent compared to a year before, while retail sales slumped 11 percent. Meanwhile, global wheat prices jump after India announces a ban on exporting the grain due to damage from a heatwave. Finally, we see how tourists are returning to Barcelona. The development is good news for local businesses but could revive tensions over mass tourism.

https://f24.my/8czE.y

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FRANCE 24 English YouTube Channel

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About This Source - FRANCE 24 English

The video item below is a piece of English language content from France 24. France 24 is a French state-owned international news television network based in Paris.

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