What Happened?
Our Benzinga team reported, for 2022, the world’s second-largest economy recorded 3% growth in real terms, with output coming at $121.02 trillion yuan ($17.93 billion).
NBS noted that the economy continued to grow despite downward pressures and output hit a new high, and employment and prices remained stable.
The 3% growth trailed China’s official target of 5.5% growth for the year and marked a significant slowdown from the 8.1% rate recorded for 2021.
The annual rate of growth was the slowest since 2020 when GDP growth plunged to 2.2% amid the initial COVID-19 onset. Outside of 2020, the 2022 GDP growth was the slowest since 1976, a year that marked the end of the Cultural revolution, according to World Bank data...Read More
According to data from Benzinga Pro, Bilibili Inc has a 52-week high of $41.74 and a 52-week low of $8.23.
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