China’s economic activity slumps

From the BBC World Service: New data from China sounds the economic alarm bells – it performed worse than expected last month, before the government abandoned its zero-COVID strategy. Plus, why Bosnia and Herzegovina is pinning its hopes on membership in the European Union. And, Nigeria’s issuing new banknotes, saying it wants to reduce the amount of cash in circulation. With elections due in February, the move might affect some politicians who hand out cash as part of their campaign.