News Snapshot:
Ruling Communist Party drops previous calls to reach 5.5 percent growth this year. China has dropped a reference to its economic growth target for 2022 as it doubles down on 'zero COVID' [File: Qilai Shen/Bloomberg] Published On 29 Jul 2022 29 Jul 2022 facebook twitter whatsapp China has backed off its yearly economic growth target as it doubles down on an ultra-strict “zero COVID” policy that has pummelled consumer spending, manufacturing and trade. Chinese officials dropped previous calls to reach the 5.5 percent growth target while pledging to “strive to achieve the best results” during the next six months, according...
