Insight
China economic focus April 2022: Covid lockdowns weigh on growth
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
China’s GDP is expected to slow further to 4.4% year-on-year in Q2 from 4.8% in Q1. Covid lockdowns across China in March and April have brought significant disruptions to the logistics, service and manufacturing sectors. As a result, fundamentals of the commodity markets also weakened in March and April. With new cases starting to drop in Shanghai, we expect recovery to start from mid-May at the earliest.
Table of contents
- Highlights
- The widespread impact of Covid lockdown
- Logistics, service and manufacturing sectors take a hit
- Supply-demand fundamental weakens for commodity markets
- When can we expect recovery?
- Appendix
Tables and charts
This report includes 14 images and tables including:
- The wide spread of Covid-19 in China – March and April
- Highway mobility plunged
- Households prefer to save money
- New confirmed cases in Shanghai
- Wood Mackenzie’s proprietary China data
- Manufacturing PMI
- Trade
- Property
- Money supply (M2)
- IP and retail sales
- Inflation
- Investment
- Required reserve ratio
What's included
This report contains:
Other reports you may be interested in
Insight
China economic focus August 2024: countering declining population
Falling population slows economic growth in China.
$950
Insight
China economic focus April 2024: what does a strong Q1 mean?
The green economy has become China’s biggest growth driver
$950
Commodity Market Report
Global steel markets short-term outlook August 2024
China on the wire
$5,000
