BUSINESS

China Set To Miss Target Growth

China has signaled that it may miss its annual economic growth target as Covid restrictions weigh on the world’s second-largest economy.

The Politburo – the ruling Communist Party’s top policy-making body – says it aims to keep growth within a reasonable range.

It did not mention the official growth target of 5.5% it had earlier set.

China is continuing to pursue a zero-Covid policy that has put major cities into full or partial lockdowns.

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Readers Bureau, Contributor

Edited by Jesus Chan

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