
China’s withdrawal of the throttling pandemic restrictions has provided a platform for a resilient rebound in its economic activities. Considering its promising economic outlook, let us look at some China stocks FinVolution Group (FINV), Waterdrop Inc. (WDH), and Viomi Technology Co., Ltd (VIOT), trading under $5 now.
China, the world’s second-largest economy, with a GDP of over $17 trillion, has experienced rapid economic growth over the past few decades. However, amid pandemic restrictions, geopolitical turmoil, and inflationary pressure, its economic growth in 2022 slumped to one of its worst levels.