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China’s Consumers Drive Rebound in Economic Activity

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wsj.com

HONG KONG—Economic activity in China shook off a monthslong slump in January following the lifting of Beijing’s zero-Covid policy, a positive sign for a global economy that faces a litany of challenges this year.Official gauges of activity in both manufacturing and services improved sharply, with both sectors rebounding into expansion territory, the National Bureau of Statistics said Tuesday.

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