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BEIJING (Bloomberg): Chinese President Xi Jinping says his government will stick to its zero-tolerance approach to Covid even as public anger simmers in Shanghai and economic costs mount. “Prevention and control work cannot be relaxed," Xi said during a trip to the island province of Hainan, the official Xinhua News Agency reported late Wednesday (April 13), the same day the financial hub saw a record 27,719 new cases. Officials implementing Covid Zero need to adhere to the principle of “people first and life first," Xi said. “Persistence is victory," he added. Xi — who is likely to seek a third…
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