CNBC News Corrections

China's exports surged by 16.9% in May from a year ago, two times faster than analysts expected. Pictured here on June 15, 2022, are workers in Jiangsu province making stuffed toy bears for export.
China's economy didn't bounce back in the second quarter, China Beige Book survey finds

This story has been updated to reflect that Qazi referred to new projects for construction companies. An earlier version misstated his quote.