BEIJING - China is one of the biggest winners of globalisation, which has helped transform it from an economic backwater into a powerhouse in more than two decades.
But growth in the world’s second-biggest economy, already losing momentum before the Covid-19 pandemic hit in 2020, is showing signs of slowing again despite the lifting of Covid-19 restrictions in late 2022 after three years of harsh lockdowns, quarantines and travel curbs.
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