China’s economy worse off in some ways than 2020: Premier ...Qatar

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China’s economy worse off in some ways than 2020: Premier
source : Gulf Times ( Qatar ) () 12
China’s economy is in some respects faring worse than in 2020 when the pandemic first emerged, Premier Li Keqiang said, urging efforts to reduce a soaring unemployment rate. “Economic indicators in China have fallen significantly, and difficulties in some aspects and to a certain extent are greater than when the epidemic hit us severely in 2020,” Li said on Wednesday following a meeting with local officials, state-owned companies and financial firms to discuss how to stabilise the economy. His remarks came after economists surveyed by Bloomberg forecast China’s economy will grow 4.5% this year, well below the government’s target of about 5.5%. Beijing’s priority on coronavirus control is ra

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