The June 2022 issue of the China Economic Update was prepared by a team comprising Ibrahim Chowdhury (Task Team Leader), Yusha Li (co-Task Team Leader), Ekaterine Vashakmadze, Jun Ge, Abayomi Alawode, Radu Tatucu, Yi Yan, Dewen Wang, Maria Ana Lugo, Zhenyang Xu, Linghui Zhu, Lydia Kim, Deyun Ou, Yang Huang, Yuan Xiao, and Joonkyung Seong. The team is grateful to Barbara Yuill for editing the report. Guidance and thoughtful comments from Martin Raiser, Aaditya Mattoo, Hassan Zaman, Sebastian Eckardt, Zafer Mustafaoglu, Ergys Islamaj, Daisuke Fukuzawa and Duong Le are gratefully acknowledged. The team would like to thank Tianshu Chen, Ying Yu, Xiaoting Li, Lin Yang, Li Mingjie, and Yu Shang for support in the production and dissemination of this report. The findings, interpretations, and conclusions expressed in this report do not necessarily reflect the views of the Executive Directors of the World Bank or the Chinese government. Questions and feedback can be addressed to Tianshu Chen (tchen@worldbank.org).