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China Heads for a Big Miss on Its Economic Growth Target

Shanghai Lockdown Risks Becoming Biggest Crisis of Xi’s Tenure
Photographer: Qilai Shen/Bloomberg

Hello. Today we look at China’s fading growth goal, how the Fed’s only option may be to push the economy toward a recession, and which gateways for global trade are the most clogged. 

China’s commitment to Covid zero means it’s all but certain to miss its economic growth target by a large margin for the first time.