Xi Reaffirms Growth Target That Analysts Say Is Out of Reach
President says China will strengthen policies to meet goals
Economists have cut their 2022 GDP growth forecasts to 4.1%
WATCH: Chinese President Xi Jinping on Wednesday says he will step up policy support for the economy. Lianting Tu reports.Source: BloombergBloomberg News
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Chinese President Xi Jinping pledged to meet economic targets for the year even as the government’s zero tolerance approach to combating Covid outbreaks and a weak housing market put the growth goal further out of reach.