China says economic recovery 'not yet solid' after pandemic

China said its economy had yet to fully bounce back from the coronavirus pandemic and pledged financial support for recovery efforts at the end of a key annual policy meeting on Friday. The country suffered its first contraction in decades this year in the wake of a public health crisis that prompted drastic lockdowns in Wuhan — the central industrial city where the virus first emerged late last year — and sent factory activity into a nosedive. Its economy has since improved after authorities managed to largely contain the infection, and China is likely to be the only major world…