News Snapshot:
China ’s top decision making body has all but abandoned its growth target, insisting instead on the zero- Covid strategy which has hammered the country’s economy. The stringent zero-Covid policy had put major cities like Shanghai under partial or full lockdowns earlier this year at a time when other countries were lifting Covid restrictions and learning to live with the virus. After Thursday’s Politburo meet , chaired by Chinese President Xi Jinping , the leaders said they would “strive to achieve the best results possible” which was a sharp contrast to its April statement when it said it would “strive...
