China’s Politburo pledges support for economy, boosting markets ...Qatar

China will step up policy support for the economy, including its embattled Internet platforms, as domestic Covid-19 outbreaks and the war in Ukraine raise risks, a top decision-making body of the ruling Communist Party said yesterday, lifting markets. Beijing has set an economic growth target of 5.5% this year, which private economists have said will be difficult to reach without significant stimulus, as lockdowns and other heavy curbs to battle the pandemic create havoc for supply chains. During Friday’s meeting chaired by President Xi Jinping, the Politburo said it will support Covid-hit industries and small firms, accelerate infrastructure construction, and stabilise transport, logistics

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China’s Politburo pledges support for economy, boosting markets ...Qatar

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