China is continuing to pursue a zero-Covid policy that has put major cities into full or partial lockdowns. China has signalled that it may miss its annual economic growth target, as Covid restrictions weigh on the world’s second largest economy. China’s once-booming property market is also in a deep slump, and home sales have fallen for 11 consecutive months. In 2020, China made the rare decision to scrap its GDP targets, in light of the pandemic. In a statement after its quarterly economic meeting, the 25-member Politburo, which is chaired by President Xi Jinping, said leaders would “strive to achieve the best results possible”. Do you think that there is hope for economic recovery in China any soon?

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