In the second quarter of 2022, China experienced a contraction in economic growth of 2.60 percent, with GDP being similar to its level in the same period of the previous year. This trend highlights the colossal toll on activity from widespread COVID-related lockdowns during March and April, and points to persistent pressure over coming months from a darkening global outlook. Inflation levels are modest, suggesting that the country has been affected less by the economic uncertainties related to the Russian invasion of Ukraine, which has contributed to significant price increases among Western countries, while unemployment has increased slightly to 5.83 percent.
October 2022
ECSA Chemicals AG
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T. +41582119100
CHE-143.818.564
ECSA Maintenance AG
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CH-9230 Flawil (Switzerland)
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CH-6828 Balerna (Switzerland)
T. +41582119300
CHE-143.818.564
Suncolor SA
Via d'Argine 1
CH-6930 Bedano (Switzerland)
T. +41919455038
CHE-106.064.878
ECSA Energy SA
Via Luigi Favre 16
CH-6828 Balerna (Switzerland)
T. +41582119500
CHE-143.818.564
ECSA ITALIA Srl Società
con Unico Socio
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CHE-315.206.664