Beijing refocuses on economy
China will shift focus to boosting growth after years of COVID-19 restrictions. In particular, “expanding domestic demand” will play a significant role, the Center for China and Globalization, a Beijing-based think tank, said. The shift comes with much of China grappling with what appears to be a brutal COVID-19 surge: Though the authorities have acknowledged few fatalities, major cities’ health care facilities and morgues appear overwhelmed. [Full text & analysis: Central Economic Work Conference 2022- pekingnology.com]
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