China statistics authority says downward pressure on economy increased substantially in Q2

Yes, the severe lockdown restrictions did indeed, the data was awful:

• China Q2 GDP -2.6% q/q (vs. expected -1.5%)

On a more encouraging note as restrictions eased there was a bounce back in activity, as indicated in the data for June:

• China June retail sales, industrial production data up from May

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More from the NBS:

• impact of COVID outbreak on the economy has not yet been completely eliminated
• economic base for long-term recovery is not stable
• stagflation risks are increasing globally
• China is confronting falling demand, a supply shock also
• Chinese economy faces structural and cyclical issues