Rechercher dans ce blog

Thursday, June 9, 2022

China's Xi Urges Efforts to Balance Covid Zero with the Economy - BNN

(Bloomberg) -- Chinese President Xi Jinping called on his government to adhere “unwaveringly” to its Covid Zero policy, while at the same time striking a balance with the needs of the economy.

Xi urged all regions and departments to be resolute in overcoming economic difficulties as they co-ordinate China’s response to the virus and strive to maintain social stability, state broadcaster China Central Television reported Thursday, citing comments from Xi’s visit to Sichuan province.  

The remarks are noteworthy for their emphasis on ensuring stability, amid growing anxiety over China’s strict approach to eradicating Covid-19, which has curtailed economic activity and included a bruising two-month lockdown of Shanghai, its biggest city and financial hub.

China’s economy is widely expected to miss its 5.5% growth target this year because of the virus curbs. Xi’s call for a stable political and economic environment comes at a crucial juncture for the president, who is seeking to secure an unprecedented third term in power at the Communist Party congress in the autumn.

China’s Xi Hears Efforts to Boost Grain Output Amid Food Worries

©2022 Bloomberg L.P.

Adblock test (Why?)


China's Xi Urges Efforts to Balance Covid Zero with the Economy - BNN
Read More

No comments:

Post a Comment

What’s about to hit the world economy? - The Economist

[unable to retrieve full-text content] What’s about to hit the world economy?    The Economist What’s about to hit the world economy? - Th...