News Snapshot:
Since March, mainland China has struggled to contain its worst Covid outbreak in two years. Notably, the metropolis of Shanghai, pictured here on May 18, only started this week to begin discussing resumption of normal activity — with a goal of mid-June.Hector Retamal | Afp | Getty ImagesBEIJING — Goldman Sachs analysts on Wednesday cut their forecast for China's GDP to 4% after data for April showed a slump in growth as Covid-19 controls restricted business activity.The new forecast is even further below the "around 5.5%" growth target the Chinese government announced for the year in March."Given the Q2 Covid-related...
