China's economy slumps from COVID-19 lockdowns, ASX rises as Brambles considers $20b takeover bid - ABC News

5/15/2022 12:00:00 AM3 years 9 months ago
by David Chau

Australian shares are struggling to maintain their early morning rally, after China revealed that its economy had suffered a worse-than-expected slump in April as a result of its widening COVID-19 lockdowns.

Australian shares are struggling to maintain their early morning rally, after China revealed that its economy had suffered a worse-than-expected slump in April. Key points: