News Snapshot:
Chinese President Xi Jinping recently called for an “all-out” effort this week to boost the world’s second-largest economy through infrastructure investment, signaling growing domestic concerns over China’s growth prospects. That may not be enough to meet its stated target of 5.5% of GDP if lockdowns stemming from the country’s zero-COVID policy remain in place beyond April, an analyst said. “If the economy – if 40% of the population is in lockdown or 40% of the country’s GDP is in lockdown – you can talk all you want about stimulus, but what are you going to stimulate? Leland Miller, CEO of...
