Our China Activity Proxy (CAP) suggests that output declined in September by the most since the Omicron wave. The main culprit – renewed disruption from virus curbs – appears to have worsened further this month. We think the economy will contract this year and will continue to struggle in 2023.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services